Looking to diversify beyond DRAI? The ETFs below have historically moved differently from DRAI, 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 DRAI
481 ETFs have low correlation with DRAI (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 |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | — | — | 51 | Cryptocurrency | DRAI vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.44 | -0.44 | -0.44 | 69 | Derivative Income | DRAI vs WNTR | |
| YieldMax XOM Option Income Strategy ETF | -0.23 | -0.05 | -0.05 | 52 | Derivative Income, Dividend | DRAI vs XOMO | |
| Invesco DB Energy Fund | -0.21 | -0.10 | -0.10 | 66 | Oil & Gas | DRAI vs DBE | |
| MicroSectors Energy 3X Leveraged ETN | -0.20 | 0.00 | 0.00 | 55 | Leveraged Equities | DRAI vs WTIU |
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