Looking to diversify beyond DWLD? The ETFs below have the lowest correlation with DWLD — 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 DWLD.
Best Diversifiers for DWLD
375 ETFs have low correlation with DWLD (below 0.3), 59 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 | -0.42 | — | — | 68 | Inverse Equities, Leveraged Equities | DWLD vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | -0.41 | -0.41 | 60 | Inverse Equities | DWLD vs SMST | |
| ProShares Short Bitcoin ETF | -0.41 | -0.31 | -0.35 | 57 | Cryptocurrency | DWLD vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.36 | -0.36 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DWLD vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.41 | -0.35 | -0.38 | 51 | Currency | DWLD vs UUP |
See all 2042 diversifiers for DWLD
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Diversification Analysis
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