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
273 ETFs have low correlation with DWMF (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.34, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.34 | -0.19 | -0.13 | 63 | Leveraged Currency | DWMF vs YCS | |
| United States Gasoline Fund LP | -0.30 | -0.09 | 0.05 | 55 | Oil & Gas | DWMF vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | DWMF vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | DWMF vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.12 | — | — | 99 | Ultrashort Bond | DWMF vs CSHP |
See all 1947 diversifiers for DWMF
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