Looking to diversify beyond BGDV? The ETFs below have historically moved differently from BGDV, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for BGDV
333 ETFs have low correlation with BGDV (below 0.3), 64 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.36 | — | — | 61 | Cryptocurrency | BGDV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | -0.35 | -0.35 | 55 | Cryptocurrency, Leveraged Cryptocurrency | BGDV vs SBIT | |
| Alpha Architect Tail Risk ETF | -0.35 | — | — | 56 | Options Trading | BGDV vs CAOS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.32 | — | — | 52 | Inverse Equities | BGDV vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.32 | — | — | 61 | Inverse Equities, Leveraged Equities | BGDV vs MSTZ |
See all 2241 diversifiers for BGDV
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