Looking to diversify beyond LGDX? The ETFs below have the lowest correlation with LGDX — 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 LGDX.
Best Diversifiers for LGDX
388 ETFs have low correlation with LGDX (below 0.3), 74 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.51 | — | — | 63 | Inverse Equities | LGDX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.50 | — | — | 70 | Inverse Equities, Leveraged Equities | LGDX vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.49 | — | — | 52 | Cryptocurrency | LGDX vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.48 | — | — | 73 | Derivative Income | LGDX vs WNTR | |
| Invesco DB Energy Fund | -0.27 | — | — | 57 | Oil & Gas | LGDX vs DBE |
See all 2061 diversifiers for LGDX
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