Looking to diversify beyond DRGN? The ETFs below have historically moved differently from DRGN, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for DRGN
2 ETFs have low correlation with DRGN (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Themes US Small Cap Cash Flow Champions ETF | 0.09 | — | — | 91 | Small Cap Value Equities | DRGN vs SMCF | |
| Themes Global Systemically Important Banks ETF | 0.30 | — | — | 87 | Financials Equities | DRGN vs GSIB | |
| Themes Silver Miners ETF | 0.33 | — | — | 51 | Silver, Precious Metals | DRGN vs AGMI | |
| iShares U.S. Digital Infrastructure and Real Estat... | 0.39 | 0.38 | 0.38 | 69 | Technology Equities | DRGN vs IDGT | |
| ProShares S&P Technology Dividend Aristocrats ETF | 0.43 | 0.41 | 0.41 | 52 | Technology Equities, Dividend | DRGN vs TDV |
See all 38 diversifiers for DRGN
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