Looking to diversify beyond DMXF? The ETFs below have the lowest correlation with DMXF — 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 DMXF.
Best Diversifiers for DMXF
256 ETFs have low correlation with DMXF (below 0.3), 60 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.36, down from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | -0.24 | -0.22 | 75 | Leveraged Currency | DMXF vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | -0.34 | -0.34 | 53 | Inverse Equities | DMXF vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | -0.34 | -0.34 | 60 | Inverse Equities, Leveraged Equities | DMXF vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | — | — | 65 | Derivative Income | DMXF vs WNTR | |
| United States Gasoline Fund LP | -0.30 | -0.12 | 0.02 | 72 | Oil & Gas | DMXF vs UGA |
See all 2059 diversifiers for DMXF
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