Looking to diversify beyond DOCT? The ETFs below have the lowest correlation with DOCT — 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 DOCT.
Best Diversifiers for DOCT
382 ETFs have low correlation with DOCT (below 0.3), 70 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.45 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DOCT vs SBIT | |
| ProShares Short Bitcoin ETF | -0.45 | -0.35 | -0.36 | 57 | Cryptocurrency | DOCT vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | -0.43 | -0.43 | 60 | Inverse Equities | DOCT vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 68 | Inverse Equities, Leveraged Equities | DOCT vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | -0.46 | -0.46 | 70 | Derivative Income | DOCT vs WNTR |
See all 2042 diversifiers for DOCT
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