Looking to diversify beyond DFNV? The ETFs below have the lowest correlation with DFNV — 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 DFNV.
Best Diversifiers for DFNV
531 ETFs have low correlation with DFNV (below 0.3), 54 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.41, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | -0.44 | -0.44 | 53 | Inverse Equities | DFNV vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | -0.43 | -0.43 | 60 | Inverse Equities, Leveraged Equities | DFNV vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | -0.40 | -0.40 | 65 | Derivative Income | DFNV vs WNTR | |
| Direxion Daily MU Bull 2X Shares | -0.36 | -0.36 | -0.36 | 99 | Leveraged Equities, Semiconductors | DFNV vs MUU | |
| Direxion Daily NFLX Bear 1X Shares | -0.24 | -0.40 | -0.40 | 60 | Inverse Equities | DFNV vs NFXS |
See all 2056 diversifiers for DFNV
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DFNV
Add DFNV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DFNV