Looking to diversify beyond DWAS? The ETFs below have the lowest correlation with DWAS — 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 DWAS.
Best Diversifiers for DWAS
404 ETFs have low correlation with DWAS (below 0.3), 77 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 68 | Inverse Equities, Leveraged Equities | DWAS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | -0.45 | -0.45 | 60 | Inverse Equities | DWAS vs SMST | |
| ProShares Short Bitcoin ETF | -0.42 | -0.38 | -0.40 | 57 | Cryptocurrency | DWAS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.42 | -0.43 | -0.43 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DWAS vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | DWAS vs WNTR |
See all 2046 diversifiers for DWAS
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