Looking to diversify beyond OGIG? The ETFs below have the lowest correlation with OGIG — 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 OGIG.
Best Diversifiers for OGIG
408 ETFs have low correlation with OGIG (below 0.3), 38 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of -0.18, down from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.18 | 0.07 | 0.22 | 70 | Dividend, Large Cap Value Equities | OGIG vs HDV | |
| ProShares UltraShort Yen | -0.13 | -0.02 | -0.03 | 63 | Leveraged Currency | OGIG vs YCS | |
| Breakwave Tanker Shipping ETF | -0.13 | -0.04 | — | 98 | Commodities | OGIG vs BWET | |
| United States Gasoline Fund LP | -0.13 | 0.01 | 0.08 | 55 | Oil & Gas | OGIG vs UGA | |
| Brookstone Ultra-Short Bond ETF | -0.13 | — | — | 98 | Ultrashort Bond | OGIG vs BAMU |
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