Looking to diversify beyond DMAY? The ETFs below have the lowest correlation with DMAY — 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 DMAY.
Best Diversifiers for DMAY
398 ETFs have low correlation with DMAY (below 0.3), 73 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | — | — | 53 | Inverse Equities | DMAY vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | — | — | 68 | Inverse Equities, Leveraged Equities | DMAY vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 70 | Derivative Income | DMAY vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.40 | -0.40 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DMAY vs SBIT | |
| ProShares Short Bitcoin ETF | -0.44 | -0.33 | -0.36 | 57 | Cryptocurrency | DMAY vs BITI |
See all 2064 diversifiers for DMAY
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DMAY
Add DMAY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DMAY