Looking to diversify beyond DFVE? The ETFs below have the lowest correlation with DFVE — 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 DFVE.
Best Diversifiers for DFVE
324 ETFs have low correlation with DFVE (below 0.3), 47 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.33, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.33 | -0.35 | -0.35 | 57 | Cryptocurrency | DFVE vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 60 | Inverse Equities, Leveraged Equities | DFVE vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | — | — | 53 | Inverse Equities | DFVE vs SMST | |
| Invesco DB US Dollar Index Bullish Fund | -0.30 | -0.22 | -0.22 | 51 | Currency | DFVE vs UUP | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.30 | — | — | 70 | Derivative Income | DFVE vs WNTR |
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