Looking to diversify beyond DYLG? The ETFs below have the lowest correlation with DYLG — 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 DYLG.
Best Diversifiers for DYLG
341 ETFs have low correlation with DYLG (below 0.3), 73 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.38, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.38 | -0.35 | -0.35 | 61 | Inverse Equities, Leveraged Equities | DYLG vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | -0.36 | -0.36 | 53 | Inverse Equities | DYLG vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.35 | — | — | 69 | Derivative Income | DYLG vs WNTR | |
| Invesco DB Energy Fund | -0.35 | -0.14 | -0.14 | 58 | Oil & Gas | DYLG vs DBE | |
| Alpha Architect Tail Risk ETF | -0.30 | -0.07 | -0.07 | 53 | Options Trading | DYLG vs CAOS |
See all 2150 diversifiers for DYLG
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