Looking to diversify beyond DIM? The ETFs below have the lowest correlation with DIM — 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 DIM.
Best Diversifiers for DIM
313 ETFs have low correlation with DIM (below 0.3), 66 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, down from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.33 | -0.28 | 63 | Leveraged Currency | DIM vs YCS | |
| Invesco DB Energy Fund | -0.36 | -0.09 | 0.09 | 71 | Oil & Gas | DIM vs DBE | |
| United States Brent Oil Fund LP | -0.36 | -0.07 | 0.09 | 65 | Oil & Gas | DIM vs BNO | |
| United States Oil Fund LP | -0.35 | -0.06 | 0.10 | 66 | Oil & Gas | DIM vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.33 | — | — | 56 | Derivative Income | DIM vs USOY |
See all 2185 diversifiers for DIM
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