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
278 ETFs have low correlation with DRKY (below 0.3), 28 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.18, roughly unchanged from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.18 | -0.18 | -0.18 | 100 | Ultrashort Bond | DRKY vs SGOV | |
| Direxion Daily NFLX Bear 1X Shares | -0.17 | -0.17 | -0.17 | 55 | Inverse Equities | DRKY vs NFXS | |
| Horizon Landmark ETF | -0.07 | -0.07 | -0.07 | 98 | Ultrashort Bond | DRKY vs BENJ | |
| Schwab Government Money Market ETF | -0.07 | -0.07 | -0.07 | 100 | Money Market | DRKY vs SGVT | |
| USCF Midstream Energy Income Fund ETF | -0.07 | -0.07 | -0.07 | 62 | Energy Equities | DRKY vs UMI |
See all 1886 diversifiers for DRKY
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