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
263 ETFs have low correlation with DGT (below 0.3), 39 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.48, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.48 | -0.41 | -0.47 | 51 | Currency | DGT vs UUP | |
| ProShares Short Bitcoin ETF | -0.41 | -0.34 | -0.37 | 57 | Cryptocurrency | DGT vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.38 | -0.38 | 52 | Cryptocurrency, Leveraged Cryptocurrency | DGT vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 68 | Inverse Equities, Leveraged Equities | DGT vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 60 | Inverse Equities | DGT vs SMST |
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