Looking to diversify beyond DTRE? The ETFs below have the lowest correlation with DTRE — 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 DTRE.
Best Diversifiers for DTRE
814 ETFs have low correlation with DTRE (below 0.3), 43 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.50, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.50 | -0.50 | -0.50 | 99 | Leveraged Equities, Semiconductors | DTRE vs MUU | |
| ProShares UltraShort Yen | -0.42 | -0.30 | -0.24 | 72 | Leveraged Currency | DTRE vs YCS | |
| Invesco DB Energy Fund | -0.25 | -0.12 | 0.03 | 57 | Oil & Gas | DTRE vs DBE | |
| ProShares Short Bitcoin ETF | -0.22 | -0.18 | -0.24 | 53 | Cryptocurrency | DTRE vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.22 | -0.20 | -0.20 | 65 | Inverse Equities, Leveraged Equities | DTRE vs MSTZ |
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