Looking to diversify beyond DGS? The ETFs below have historically moved differently from DGS, 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 DGS
377 ETFs have low correlation with DGS (below 0.3), 81 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.39, down from -0.29 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.39 | -0.29 | — | 61 | Cryptocurrency | DGS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.39 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | DGS vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | — | — | 61 | Inverse Equities, Leveraged Equities | DGS vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | — | — | 52 | Inverse Equities | DGS vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.35 | — | — | 75 | Derivative Income | DGS vs WNTR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for DGS, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.02, down from 0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.02 | 0.17 | 0.25 | 77 | Real Estate | |
| CrowdStrike Holdings, Inc. | 0.27 | 0.30 | 0.34 | 80 | Technology | |
| Sprott Physical Gold Trust | 0.39 | 0.35 | 0.33 | 64 | Financial Services | |
| NVIDIA Corporation | 0.43 | 0.41 | 0.47 | 56 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.60 | 0.54 | 0.57 | 87 | Technology |
Build a portfolio that complements DGS
Add DGS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DGS