Looking to diversify beyond DECM? The ETFs below have the lowest correlation with DECM — 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 DECM.
Best Diversifiers for DECM
406 ETFs have low correlation with DECM (below 0.3), 67 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | — | — | 60 | Inverse Equities | DECM vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | — | — | 68 | Inverse Equities, Leveraged Equities | DECM vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.42 | -0.42 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DECM vs SBIT | |
| ProShares Short Bitcoin ETF | -0.42 | -0.41 | -0.41 | 57 | Cryptocurrency | DECM vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 70 | Derivative Income | DECM vs WNTR |
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