Looking to diversify beyond DTD? The ETFs below have the lowest correlation with DTD — 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 DTD.
Best Diversifiers for DTD
355 ETFs have low correlation with DTD (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.34, roughly unchanged from -0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.34 | -0.30 | — | 53 | Cryptocurrency | DTD vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 65 | Inverse Equities, Leveraged Equities | DTD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | — | — | 56 | Inverse Equities | DTD vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.31 | — | — | 70 | Derivative Income | DTD vs WNTR | |
| ProShares UltraShort Yen | -0.25 | -0.10 | -0.07 | 72 | Leveraged Currency | DTD vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DTD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DTD and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of 0.11, down from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | 0.11 | 0.29 | 0.40 | 76 | Energy | |
| Chevron Corporation | 0.12 | 0.31 | 0.42 | 73 | Energy | |
| The Coca-Cola Company | 0.14 | 0.30 | 0.43 | 82 | Consumer Defensive | |
| ConocoPhillips Company | 0.14 | 0.30 | 0.39 | 66 | Energy | |
| Phillips 66 | 0.14 | 0.37 | 0.42 | 90 | Energy |
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Build a portfolio that complements DTD
Add DTD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DTD