Looking to diversify beyond DWUS? The ETFs below have the lowest correlation with DWUS — 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 DWUS.
Best Diversifiers for DWUS
469 ETFs have low correlation with DWUS (below 0.3), 82 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, down from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.36 | -0.36 | 52 | Cryptocurrency | DWUS vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 63 | Inverse Equities | DWUS vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.44 | — | — | 70 | Inverse Equities, Leveraged Equities | DWUS vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 73 | Derivative Income | DWUS vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.22 | — | — | 56 | Multistrategy | DWUS vs RSBY |
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