Looking to diversify beyond DUBS? The ETFs below have the lowest correlation with DUBS — 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 DUBS.
Best Diversifiers for DUBS
373 ETFs have low correlation with DUBS (below 0.3), 72 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.49, 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 | -0.49 | -0.47 | -0.47 | 60 | Inverse Equities | DUBS vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | -0.46 | -0.46 | 68 | Inverse Equities, Leveraged Equities | DUBS vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.48 | -0.38 | -0.37 | 57 | Cryptocurrency | DUBS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | -0.43 | -0.43 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DUBS vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.47 | -0.49 | -0.49 | 70 | Derivative Income | DUBS vs WNTR |
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