Looking to diversify beyond DRSK? The ETFs below have the lowest correlation with DRSK — 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 DRSK.
Best Diversifiers for DRSK
239 ETFs have low correlation with DRSK (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.26 | -0.30 | 61 | Leveraged Currency | DRSK vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | DRSK vs CSHP | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | — | — | 97 | Inflation-Protected Bonds | DRSK vs RBIL | |
| Alerian Energy Infrastructure ETF | -0.11 | 0.14 | 0.21 | 50 | Energy Equities | DRSK vs ENFR | |
| USCF Midstream Energy Income Fund ETF | -0.11 | 0.13 | 0.20 | 54 | Energy Equities | DRSK vs UMI |
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