Looking to balance out your exposure to DJT? The ETFs below have the lowest correlation with DJT — they tend to move on their own, which can help reduce risk when DJT drops. The stock ideas table highlights individual companies that behave independently from DJT.
Best Diversifiers for DJT
1 ETFs have low correlation with DJT (below 0.3), 0 of which are negatively correlated. The least correlated is Convergence Long/Short Equity ETF (CLSE) (Long-Short) with a 1Y correlation of 0.24, roughly unchanged from 0.17 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Convergence Long/Short Equity ETF | 0.24 | 0.17 | — | 96 | Long-Short | DJT vs CLSE | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.37 | 0.26 | — | 97 | Leveraged Equities, Semiconductors | DJT vs SOXL | |
| Invesco Semiconductors ETF | 0.37 | 0.27 | — | 96 | Semiconductors, Technology Equities | DJT vs PSI | |
| State Street SPDR Dow Jones Industrial Average ETF... | 0.41 | 0.23 | — | 56 | Large Cap Blend Equities | DJT vs DIA | |
| Global X NASDAQ 100 Covered Call ETF | 0.42 | 0.26 | — | 89 | Nasdaq-100, Derivative Income | DJT vs QYLD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from DJT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to DJT and solid risk/return profiles. The least correlated is Vodafone Group Plc (VOD) (Communication Services) with a 1Y correlation of 0.02, roughly unchanged from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vodafone Group Plc | 0.02 | 0.01 | 0.06 | 89 | Communication Services | |
| AxoGen, Inc. | 0.06 | 0.13 | 0.14 | 98 | Healthcare | |
| Progyny, Inc. | 0.12 | 0.09 | 0.13 | 53 | Healthcare | |
| Skeena Resources Ltd | 0.16 | 0.04 | — | 82 | Basic Materials | |
| Glaukos Corporation | 0.19 | 0.14 | 0.15 | 63 | Healthcare |
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Build a portfolio that complements DJT
Add DJT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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