Looking to diversify beyond DGS? The ETFs below have the lowest correlation with DGS — 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 DGS.
Best Diversifiers for DGS
301 ETFs have low correlation with DGS (below 0.3), 55 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.50, roughly unchanged from -0.53 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.50 | -0.50 | -0.53 | 51 | Currency | DGS vs UUP | |
| ProShares Short Bitcoin ETF | -0.36 | -0.28 | -0.31 | 57 | Cryptocurrency | DGS vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | -0.32 | -0.32 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DGS vs SBIT | |
| ProShares UltraShort Yen | -0.34 | -0.27 | -0.24 | 72 | Leveraged Currency | DGS vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | -0.34 | -0.34 | 60 | Inverse Equities | DGS vs SMST |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DGS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DGS and solid risk/return profiles. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.07, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.07 | 0.19 | 0.26 | 74 | Real Estate | |
| CrowdStrike Holdings, Inc. | 0.26 | 0.29 | 0.34 | 77 | Technology | |
| NVIDIA Corporation | 0.39 | 0.41 | 0.46 | 65 | Technology | |
| Sprott Physical Gold Trust | 0.44 | 0.39 | 0.37 | 61 | Financial Services | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.58 | 0.54 | 0.56 | 92 | Technology |
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