Looking to diversify beyond DGZ? The ETFs below have the lowest correlation with DGZ — 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 DGZ.
Best Diversifiers for DGZ
2070 ETFs have low correlation with DGZ (below 0.3), 1935 of which are negatively correlated. The least correlated is VanEck Inflation Allocation ETF (RAAX) (Diversified Portfolio) with a 1Y correlation of -0.39, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Inflation Allocation ETF | -0.39 | -0.34 | -0.35 | 71 | Diversified Portfolio | DGZ vs RAAX | |
| First Trust Multi-Strategy Alternative ETF | -0.36 | -0.29 | — | 89 | Global Allocation | DGZ vs LALT | |
| iShares Managed Futures Active ETF | -0.34 | — | — | 90 | Systematic Trend | DGZ vs ISMF | |
| Themes Silver Miners ETF | -0.34 | — | — | 51 | Silver, Precious Metals | DGZ vs AGMI | |
| Alpha Architect High Inflation And Deflation ETF | -0.34 | -0.24 | — | 60 | Diversified Portfolio | DGZ vs HIDE |
See all 2070 diversifiers for DGZ
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements DGZ
Add DGZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with DGZ