Looking to balance out your exposure to DGNX? The ETFs below have the lowest correlation with DGNX — they tend to move on their own, which can help reduce risk when DGNX drops. The stock ideas table highlights individual companies that behave independently from DGNX.
Best Diversifiers for DGNX
2 ETFs have low correlation with DGNX (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.16 | — | — | 66 | S&P 500 | DGNX vs VOO | |
| Vanguard Total Stock Market ETF | 0.16 | — | — | 64 | Large Cap Blend Equities | DGNX vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DGNX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DGNX and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.16 | — | — | 68 | Consumer Defensive | |
| BWX Technologies, Inc. | 0.12 | — | — | 71 | Industrials | |
| Argan, Inc. | 0.18 | — | — | 93 | Industrials | |
| Symbotic Inc | 0.22 | — | — | 62 | Industrials |
Diversification Analysis
Build a portfolio that complements DGNX
Add DGNX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DGNX