Looking to diversify beyond CGDG? The ETFs below have the lowest correlation with CGDG — 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 CGDG.
Best Diversifiers for CGDG
307 ETFs have low correlation with CGDG (below 0.3), 53 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | — | — | 61 | Leveraged Currency | CGDG vs YCS | |
| Invesco DB Energy Fund | -0.29 | — | — | 71 | Oil & Gas | CGDG vs DBE | |
| United States Brent Oil Fund LP | -0.27 | — | — | 65 | Oil & Gas | CGDG vs BNO | |
| United States Oil Fund LP | -0.27 | — | — | 66 | Oil & Gas | CGDG vs USO | |
| United States Gasoline Fund LP | -0.26 | — | — | 69 | Oil & Gas | CGDG vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CGDG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CGDG and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 0.29 | — | — | 78 | Technology | |
| BigBear.ai Holdings, Inc. | 0.34 | — | — | 52 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.50 | — | — | 95 | Technology |
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