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
269 ETFs have low correlation with DIM (below 0.3), 59 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.60, roughly unchanged from -0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.60 | -0.58 | -0.62 | 51 | Currency | DIM vs UUP | |
| ProShares UltraShort Yen | -0.43 | -0.34 | -0.28 | 72 | Leveraged Currency | DIM vs YCS | |
| ProShares Short Bitcoin ETF | -0.34 | -0.29 | -0.31 | 57 | Cryptocurrency | DIM vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.33 | -0.32 | -0.32 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DIM vs SBIT | |
| Invesco DB Energy Fund | -0.32 | -0.09 | 0.08 | 53 | Oil & Gas | DIM vs DBE |
See all 2044 diversifiers for DIM
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