Looking to diversify beyond DDM? The ETFs below have the lowest correlation with DDM — 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 DDM.
Best Diversifiers for DDM
333 ETFs have low correlation with DDM (below 0.3), 70 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 -0.36, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.36 | -0.33 | -0.33 | 68 | Inverse Equities, Leveraged Equities | DDM vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.36 | -0.34 | -0.34 | 60 | Inverse Equities | DDM vs SMST | |
| Invesco DB Energy Fund | -0.35 | -0.12 | 0.07 | 53 | Oil & Gas | DDM vs DBE | |
| ProShares Short Bitcoin ETF | -0.34 | -0.29 | -0.32 | 57 | Cryptocurrency | DDM vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.34 | -0.32 | -0.32 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DDM vs SBIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DDM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DDM and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.31, down from 0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.31 | 0.50 | 0.63 | 53 | Financial Services | |
| JPMorgan Chase & Co. | 0.61 | 0.62 | 0.68 | 69 | Financial Services |
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