Looking to diversify beyond DIVP? The ETFs below have the lowest correlation with DIVP — 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 DIVP.
Best Diversifiers for DIVP
728 ETFs have low correlation with DIVP (below 0.3), 24 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.41, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.41 | -0.41 | -0.41 | 99 | Leveraged Equities, Semiconductors | DIVP vs MUU | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.20 | — | — | 60 | Inverse Equities, Leveraged Equities | DIVP vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.19 | -0.19 | -0.19 | 53 | Inverse Equities | DIVP vs SMST | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | 0.01 | 0.01 | 99 | Ultrashort Bond | DIVP vs CSHP | |
| Return Stacked Bonds & Futures Yield ETF | -0.08 | 0.00 | 0.00 | 51 | Multistrategy | DIVP vs RSBY |
See all 1792 diversifiers for DIVP
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