Looking to diversify beyond DRKY? The ETFs below have the lowest correlation with DRKY — 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 DRKY.
Best Diversifiers for DRKY
351 ETFs have low correlation with DRKY (below 0.3), 58 of which are negatively correlated. The least correlated is ProShares K-1 Free Crude Oil Strategy ETF (OILK) (Oil & Gas) with a 1Y correlation of -0.27, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares K-1 Free Crude Oil Strategy ETF | -0.27 | -0.27 | -0.27 | 55 | Oil & Gas | DRKY vs OILK | |
| ProShares Ultra Bloomberg Crude Oil | -0.27 | -0.27 | -0.27 | 54 | Leveraged Commodities | DRKY vs UCO | |
| Defiance Oil Enhanced Options Income ETF | -0.24 | -0.24 | -0.24 | 56 | Derivative Income | DRKY vs USOY | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | -0.23 | -0.23 | 98 | Inflation-Protected Bonds | DRKY vs RBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.18 | -0.18 | -0.18 | 100 | Ultrashort Bond | DRKY vs SGOV |
See all 2057 diversifiers for DRKY
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DRKY
Add DRKY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DRKY