Looking to diversify beyond EDOG? The ETFs below have the lowest correlation with EDOG — 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 EDOG.
Best Diversifiers for EDOG
379 ETFs have low correlation with EDOG (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.31, down from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | -0.22 | -0.20 | 75 | Leveraged Currency | EDOG vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | — | — | 60 | Inverse Equities, Leveraged Equities | EDOG vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.26 | — | — | 53 | Inverse Equities | EDOG vs SMST | |
| United States Gasoline Fund LP | -0.26 | -0.01 | 0.10 | 72 | Oil & Gas | EDOG vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | EDOG vs IBIC |
See all 2053 diversifiers for EDOG
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