Looking to diversify beyond DGT? The ETFs below have the lowest correlation with DGT — 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 DGT.
Best Diversifiers for DGT
319 ETFs have low correlation with DGT (below 0.3), 47 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.35, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.35 | -0.17 | -0.13 | 63 | Leveraged Currency | DGT vs YCS | |
| Invesco DB Energy Fund | -0.31 | -0.04 | 0.15 | 71 | Oil & Gas | DGT vs DBE | |
| United States Oil Fund LP | -0.30 | -0.04 | 0.15 | 66 | Oil & Gas | DGT vs USO | |
| United States Brent Oil Fund LP | -0.29 | -0.03 | 0.14 | 65 | Oil & Gas | DGT vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.27 | — | — | 56 | Derivative Income | DGT vs USOY |
See all 2189 diversifiers for DGT
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