Looking to diversify beyond DDFO? The ETFs below have the lowest correlation with DDFO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from DDFO.
Best Diversifiers for DDFO
348 ETFs have low correlation with DDFO (below 0.3), 47 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.51, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.51 | -0.51 | -0.51 | 60 | Inverse Equities, Leveraged Equities | DDFO vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.51 | -0.51 | -0.51 | 53 | Inverse Equities | DDFO vs SMST | |
| Global X MLP & Energy Infrastructure ETF | -0.12 | -0.12 | -0.12 | 69 | MLPs | DDFO vs MLPX | |
| iShares Global Energy ETF | -0.12 | -0.12 | -0.12 | 51 | Energy Equities | DDFO vs IXC | |
| ETRACS Alerian MLP Infrastructure Index ETN Series... | -0.12 | -0.12 | -0.12 | 51 | MLPs | DDFO vs MLPB |
See all 2014 diversifiers for DDFO
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