Looking to diversify beyond DWMF? The ETFs below have the lowest correlation with DWMF — 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 DWMF.
Best Diversifiers for DWMF
291 ETFs have low correlation with DWMF (below 0.3), 67 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.42 | -0.40 | -0.42 | 51 | Currency | DWMF vs UUP | |
| Invesco DB Energy Fund | -0.32 | -0.12 | 0.05 | 53 | Oil & Gas | DWMF vs DBE | |
| ProShares UltraShort Yen | -0.31 | -0.19 | -0.13 | 72 | Leveraged Currency | DWMF vs YCS | |
| ProShares Short Bitcoin ETF | -0.29 | -0.23 | -0.26 | 57 | Cryptocurrency | DWMF vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.29 | -0.26 | -0.26 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DWMF vs SBIT |
See all 2047 diversifiers for DWMF
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