Looking to diversify beyond DIVP? The ETFs below have historically moved differently from DIVP, 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 DIVP
757 ETFs have low correlation with DIVP (below 0.3), 33 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.18 | — | — | 61 | Inverse Equities, Leveraged Equities | DIVP vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.17 | — | — | 52 | Inverse Equities | DIVP vs SMST | |
| Proshares Ultrashort Bitcoin ETF | -0.15 | -0.18 | -0.18 | 55 | Cryptocurrency, Leveraged Cryptocurrency | DIVP vs SBIT | |
| ProShares Short Bitcoin ETF | -0.14 | -0.18 | -0.18 | 61 | Cryptocurrency | DIVP vs BITI | |
| Alpha Architect Tail Risk ETF | -0.13 | -0.16 | -0.16 | 56 | Options Trading | DIVP vs CAOS |
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