Looking to diversify beyond DSEP? The ETFs below have the lowest correlation with DSEP — 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 DSEP.
Best Diversifiers for DSEP
365 ETFs have low correlation with DSEP (below 0.3), 66 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.50, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.50 | -0.47 | -0.47 | 60 | Inverse Equities | DSEP vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.50 | -0.46 | -0.46 | 68 | Inverse Equities, Leveraged Equities | DSEP vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.49 | -0.36 | -0.37 | 57 | Cryptocurrency | DSEP vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.49 | -0.43 | -0.43 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DSEP vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.48 | — | — | 70 | Derivative Income | DSEP vs WNTR |
See all 2042 diversifiers for DSEP
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