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
449 ETFs have low correlation with RDOG (below 0.3), 18 of which are negatively correlated. The least correlated is PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) (Commodities) with a 1Y correlation of -0.12, down from 0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.12 | 0.00 | — | 50 | Commodities | RDOG vs CMDT | |
| iShares Diversified Commodity Swap UCITS ETF | -0.12 | -0.01 | — | 78 | Commodities | RDOG vs ISCMF | |
| iShares Enhanced Short-Term Bond Active ETF | -0.08 | 0.02 | 0.02 | 99 | Ultrashort Bond | RDOG vs CSHP | |
| First Trust Alternative Absolute Return Strategy E... | -0.08 | -0.00 | 0.01 | 75 | Commodities | RDOG vs FAAR | |
| Fidelity Managed Futures ETF | -0.07 | -0.06 | -0.06 | 64 | Systematic Trend | RDOG vs FFUT |
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