Looking to diversify beyond DHDG? The ETFs below have historically moved differently from DHDG, 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 DHDG
452 ETFs have low correlation with DHDG (below 0.3), 86 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 | -0.47 | — | — | 52 | Inverse Equities | DHDG vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | — | — | 61 | Inverse Equities, Leveraged Equities | DHDG vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.44 | — | — | 75 | Derivative Income | DHDG vs WNTR | |
| ProShares Short Bitcoin ETF | -0.44 | — | — | 61 | Cryptocurrency | DHDG vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DHDG vs SBIT |
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