Looking to diversify beyond BGDV? The ETFs below have the lowest correlation with BGDV — 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 BGDV.
Best Diversifiers for BGDV
352 ETFs have low correlation with BGDV (below 0.3), 64 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.27, down from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.27 | -0.12 | -0.12 | 71 | Oil & Gas | BGDV vs DBE | |
| United States Oil Fund LP | -0.25 | — | — | 66 | Oil & Gas | BGDV vs USO | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.25 | -0.20 | -0.20 | 98 | Inflation-Protected Bonds | BGDV vs RBIL | |
| United States Brent Oil Fund LP | -0.24 | -0.09 | -0.09 | 65 | Oil & Gas | BGDV vs BNO | |
| United States Gasoline Fund LP | -0.24 | -0.09 | -0.09 | 69 | Oil & Gas | BGDV vs UGA |
See all 2115 diversifiers for BGDV
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements BGDV
Add BGDV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with BGDV