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
316 ETFs have low correlation with BGDV (below 0.3), 52 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.36, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.36 | -0.35 | -0.35 | 57 | Cryptocurrency | BGDV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.35 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | BGDV vs SBIT | |
| Invesco DB US Dollar Index Bullish Fund | -0.33 | — | — | 51 | Currency | BGDV vs UUP | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.31 | -0.35 | -0.35 | 68 | Inverse Equities, Leveraged Equities | BGDV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.31 | -0.35 | -0.35 | 60 | Inverse Equities | BGDV vs SMST |
See all 2052 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