Looking to diversify beyond RDOG? The ETFs below have the lowest correlation with RDOG — 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 RDOG.
Best Diversifiers for RDOG
436 ETFs have low correlation with RDOG (below 0.3), 34 of which are negatively correlated. The least correlated is United States Brent Oil Fund LP (BNO) (Oil & Gas) with a 1Y correlation of -0.22, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Brent Oil Fund LP | -0.22 | -0.06 | 0.05 | 65 | Oil & Gas | RDOG vs BNO | |
| Invesco DB Energy Fund | -0.21 | -0.06 | 0.06 | 71 | Oil & Gas | RDOG vs DBE | |
| Invesco DB Oil Fund | -0.19 | -0.04 | 0.06 | 65 | Oil & Gas | RDOG vs DBO | |
| iShares Commodities Select Strategy ETF | -0.19 | -0.03 | 0.08 | 72 | Commodities | RDOG vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | -0.02 | 0.09 | 72 | Commodities | RDOG vs GSG |
See all 1200 diversifiers for RDOG
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