Looking to diversify beyond DRAY? The ETFs below have the lowest correlation with DRAY — 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 DRAY.
Best Diversifiers for DRAY
11 ETFs have low correlation with DRAY (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax TSM Option Income Strategy ETF | 0.03 | — | — | 78 | Derivative Income | DRAY vs TSMY | |
| Global X NASDAQ 100 Covered Call ETF | 0.07 | — | — | 89 | Nasdaq-100, Derivative Income | DRAY vs QYLD | |
| Kurv Yield Premium Strategy Google ETF | 0.09 | — | — | 88 | Derivative Income | DRAY vs GOOP | |
| YieldMax GOOGL Option Income Strategy ETF | 0.10 | — | — | 94 | Derivative Income | DRAY vs GOOY | |
| Simplify Treasury Option Income ETF | 0.10 | — | — | 96 | Government Bonds, Ultrashort Bond, Derivative Income | DRAY vs BUCK |
See all 11 diversifiers for DRAY
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Diversification Analysis
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