Looking to diversify beyond DRGN? The ETFs below have the lowest correlation with DRGN — 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 DRGN.
Best Diversifiers for DRGN
1 ETFs have low correlation with DRGN (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Themes Global Systemically Important Banks ETF | 0.30 | — | — | 88 | Financials Equities | DRGN vs GSIB | |
| STMicroelectronics NV ADRhedged | 0.38 | 0.38 | 0.38 | 77 | Technology Equities | DRGN vs STHH | |
| Gabelli Global Technology Leaders ETF | 0.43 | 0.43 | 0.43 | 64 | Technology Equities | DRGN vs GGTL | |
| KraneShares China Alpha Index ETF | 0.44 | — | — | 95 | China Equities, Asia Pacific Equities | DRGN vs KCAI | |
| State Street Technology Select Sector SPDR ETF | 0.44 | 0.44 | 0.44 | 61 | Technology Equities | DRGN vs XLK |
See all 11 diversifiers for DRGN
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