Looking to diversify beyond DMAY? The ETFs below have historically moved differently from DMAY, 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 DMAY
452 ETFs have low correlation with DMAY (below 0.3), 91 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 | -0.49 | — | — | 61 | Inverse Equities, Leveraged Equities | DMAY vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.49 | — | — | 52 | Inverse Equities | DMAY vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.47 | — | — | 75 | Derivative Income | DMAY vs WNTR | |
| ProShares Short Bitcoin ETF | -0.47 | -0.34 | — | 61 | Cryptocurrency | DMAY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.46 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DMAY vs SBIT |
See all 2241 diversifiers for DMAY
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