Looking to diversify beyond DGRS? The ETFs below have the lowest correlation with DGRS — 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 DGRS.
Best Diversifiers for DGRS
387 ETFs have low correlation with DGRS (below 0.3), 52 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.26, roughly unchanged from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.26 | -0.28 | -0.28 | 60 | Inverse Equities, Leveraged Equities | DGRS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.26 | -0.29 | -0.29 | 53 | Inverse Equities | DGRS vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.24 | — | — | 65 | Derivative Income | DGRS vs WNTR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.18 | — | — | 99 | Ultrashort Bond | DGRS vs CSHP | |
| United States Gasoline Fund LP | -0.17 | -0.00 | 0.11 | 72 | Oil & Gas | DGRS vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DGRS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DGRS and solid risk/return profiles. The least correlated is Lockheed Martin Corporation (LMT) (Industrials) with a 1Y correlation of 0.15, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lockheed Martin Corporation | 0.15 | 0.16 | 0.23 | 60 | Industrials |
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