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
2054 ETFs have low correlation with DGZ (below 0.3), 1952 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| 3EDGE Dynamic Hard Assets ETF | -0.40 | — | — | 51 | Commodities | DGZ vs EDGH | |
| First Trust Multi-Strategy Alternative ETF | -0.39 | -0.30 | — | 90 | Global Allocation | DGZ vs LALT | |
| iShares Managed Futures Active ETF | -0.36 | — | — | 92 | Systematic Trend | DGZ vs ISMF | |
| VanEck Inflation Allocation ETF | -0.36 | -0.32 | -0.35 | 71 | Diversified Portfolio | DGZ vs RAAX | |
| abrdn Bloomberg All Commodity Longer Dated Strateg... | -0.35 | -0.27 | -0.28 | 53 | Commodities | DGZ vs BCD |
See all 2054 diversifiers for DGZ
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Diversification Analysis
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