Looking to diversify beyond DMX? The ETFs below have the lowest correlation with DMX — 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 DMX.
Best Diversifiers for DMX
269 ETFs have low correlation with DMX (below 0.3), 78 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.41 | — | — | 68 | Inverse Equities, Leveraged Equities | DMX vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.41 | — | — | 60 | Inverse Equities | DMX vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 70 | Derivative Income | DMX vs WNTR | |
| Invesco DB US Dollar Index Bullish Fund | -0.38 | -0.26 | -0.26 | 51 | Currency | DMX vs UUP | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | DMX vs SBIT |
See all 2044 diversifiers for DMX
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Diversification Analysis
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