Looking to diversify beyond DHDG? The ETFs below have the lowest correlation with DHDG — 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 DHDG.
Best Diversifiers for DHDG
328 ETFs have low correlation with DHDG (below 0.3), 39 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.22, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.22 | -0.08 | -0.08 | 55 | Oil & Gas | DHDG vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | -0.19 | -0.19 | 98 | Inflation-Protected Bonds | DHDG vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | DHDG vs RBIL | |
| ProShares UltraShort Yen | -0.17 | -0.02 | -0.02 | 63 | Leveraged Currency | DHDG vs YCS | |
| Direxion Daily NFLX Bear 1X Shares | -0.15 | -0.31 | -0.31 | 55 | Inverse Equities | DHDG vs NFXS |
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