Looking to diversify beyond DEMZ? The ETFs below have the lowest correlation with DEMZ — 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 DEMZ.
Best Diversifiers for DEMZ
376 ETFs have low correlation with DEMZ (below 0.3), 83 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, roughly unchanged from -0.34 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.34 | — | 52 | Cryptocurrency | DEMZ vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | -0.41 | -0.41 | 63 | Inverse Equities | DEMZ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | -0.40 | -0.40 | 70 | Inverse Equities, Leveraged Equities | DEMZ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 73 | Derivative Income | DEMZ vs WNTR | |
| Invesco DB Energy Fund | -0.29 | -0.12 | 0.04 | 57 | Oil & Gas | DEMZ vs DBE |
See all 2073 diversifiers for DEMZ
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