Looking to diversify beyond DMAX? The ETFs below have the lowest correlation with DMAX — 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 DMAX.
Best Diversifiers for DMAX
405 ETFs have low correlation with DMAX (below 0.3), 70 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | — | — | 53 | Cryptocurrency | DMAX vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 65 | Inverse Equities, Leveraged Equities | DMAX vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 56 | Inverse Equities | DMAX vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | DMAX vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.24 | — | — | 54 | Multistrategy | DMAX vs RSBY |
See all 2070 diversifiers for DMAX
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