Looking to diversify beyond DFE? The ETFs below have historically moved differently from DFE, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DFE
282 ETFs have low correlation with DFE (below 0.3), 81 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 52 | Inverse Equities | DFE vs SMST | |
| ProShares Short Bitcoin ETF | -0.42 | -0.30 | — | 61 | Cryptocurrency | DFE vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 61 | Inverse Equities, Leveraged Equities | DFE vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DFE vs SBIT | |
| ProShares UltraShort Yen | -0.41 | -0.30 | -0.25 | 56 | Leveraged Currency | DFE vs YCS |
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