Looking to diversify beyond DVDN? The ETFs below have the lowest correlation with DVDN — 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 DVDN.
Best Diversifiers for DVDN
503 ETFs have low correlation with DVDN (below 0.3), 60 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | — | — | 73 | Leveraged Currency | DVDN vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.26 | — | — | 70 | Inverse Equities, Leveraged Equities | DVDN vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.26 | — | — | 63 | Inverse Equities | DVDN vs SMST | |
| Invesco DB Energy Fund | -0.26 | — | — | 57 | Oil & Gas | DVDN vs DBE | |
| ProShares Short Bitcoin ETF | -0.25 | -0.24 | -0.24 | 52 | Cryptocurrency | DVDN vs BITI |
See all 2063 diversifiers for DVDN
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Diversification Analysis
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