Looking to diversify beyond DRSK? The ETFs below have historically moved differently from DRSK, 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 DRSK
334 ETFs have low correlation with DRSK (below 0.3), 91 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.38, down from -0.26 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.38 | -0.26 | — | 61 | Cryptocurrency | DRSK vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.38 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DRSK vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | — | — | 61 | Inverse Equities, Leveraged Equities | DRSK vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.35 | -0.35 | -0.35 | 75 | Derivative Income | DRSK vs WNTR | |
| ProShares UltraShort Yen | -0.33 | -0.26 | -0.31 | 56 | Leveraged Currency | DRSK vs YCS |
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