Looking to diversify beyond DSTL? The ETFs below have historically moved differently from DSTL, 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 DSTL
657 ETFs have low correlation with DSTL (below 0.3), 55 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.26 | — | — | 61 | Inverse Equities, Leveraged Equities | DSTL vs MSTZ | |
| Invesco DB Energy Fund | -0.26 | -0.11 | 0.07 | 72 | Oil & Gas | DSTL vs DBE | |
| Defiance Daily Target 2X Short MSTR ETF | -0.26 | — | — | 52 | Inverse Equities | DSTL vs SMST | |
| United States Brent Oil Fund LP | -0.25 | -0.09 | 0.05 | 52 | Oil & Gas | DSTL vs BNO | |
| United States Oil Fund LP | -0.25 | -0.10 | 0.05 | 55 | Oil & Gas | DSTL vs USO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DSTL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of 0.29, down from 0.62 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | 0.29 | 0.49 | 0.62 | 61 | Financial Services |
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