Looking to diversify beyond DIVL? The ETFs below have the lowest correlation with DIVL — 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 DIVL.
Best Diversifiers for DIVL
586 ETFs have low correlation with DIVL (below 0.3), 36 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.22, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.22 | -0.22 | -0.22 | 53 | Cryptocurrency | DIVL vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | -0.21 | -0.21 | 65 | Inverse Equities, Leveraged Equities | DIVL vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.18 | -0.22 | -0.22 | 56 | Inverse Equities | DIVL vs SMST | |
| ProShares UltraShort Yen | -0.18 | — | — | 72 | Leveraged Currency | DIVL vs YCS | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.16 | — | — | 70 | Derivative Income | DIVL vs WNTR |
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