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
352 ETFs have low correlation with DRKY (below 0.3), 61 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.37, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | -0.37 | -0.37 | 70 | Inverse Equities, Leveraged Equities | DRKY vs MSTZ | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | -0.21 | -0.21 | 97 | Inflation-Protected Bonds | DRKY vs RBIL | |
| Direxion Daily Energy Bull 2X Shares | -0.21 | -0.21 | -0.21 | 54 | Leveraged Equities | DRKY vs ERX | |
| ProShares Ultra Oil & Gas | -0.21 | -0.21 | -0.21 | 53 | Leveraged Equities | DRKY vs DIG | |
| State Street Energy Select Sector SPDR ETF | -0.20 | -0.20 | -0.20 | 59 | Energy Equities | DRKY vs XLE |
See all 2008 diversifiers for DRKY
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