Looking to diversify beyond DYNF? The ETFs below have the lowest correlation with DYNF — 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 DYNF.
Best Diversifiers for DYNF
411 ETFs have low correlation with DYNF (below 0.3), 73 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | — | — | 53 | Inverse Equities | DYNF vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 68 | Inverse Equities, Leveraged Equities | DYNF vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.44 | -0.35 | -0.37 | 57 | Cryptocurrency | DYNF vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | -0.41 | -0.41 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DYNF vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 70 | Derivative Income | DYNF vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DYNF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DYNF and solid risk/return profiles. The least correlated is Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.25, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.25 | 0.04 | 0.19 | 53 | Industrials | |
| Duke Energy Corporation | -0.24 | -0.08 | 0.07 | 66 | Utilities | |
| The Coca-Cola Company | -0.23 | -0.03 | 0.17 | 83 | Consumer Defensive | |
| Chubb Limited | -0.21 | 0.03 | 0.24 | 86 | Financial Services | |
| Altria Group, Inc. | -0.21 | -0.04 | 0.09 | 81 | Consumer Defensive |
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