Looking to diversify beyond DWAS? The ETFs below have historically moved differently from DWAS, 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 DWAS
475 ETFs have low correlation with DWAS (below 0.3), 101 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.46 | — | — | 52 | Inverse Equities | DWAS vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 61 | Inverse Equities, Leveraged Equities | DWAS vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.45 | -0.39 | — | 61 | Cryptocurrency | DWAS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.45 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DWAS vs SBIT | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.43 | — | — | 75 | Derivative Income | DWAS vs WNTR |
See all 2241 diversifiers for DWAS
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