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
549 ETFs have low correlation with RDOG (below 0.3), 36 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.24, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.24 | -0.09 | 0.04 | 53 | Oil & Gas | RDOG vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.22 | -0.05 | 0.08 | 51 | Commodities | RDOG vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.20 | -0.03 | 0.09 | 54 | Commodities | RDOG vs DBC | |
| ProShares Short Bitcoin ETF | -0.18 | -0.22 | -0.26 | 57 | Cryptocurrency | RDOG vs BITI | |
| DoubleLine Commodity Strategy ETF | -0.18 | -0.04 | -0.04 | 51 | Commodities | RDOG vs DCMT |
See all 1136 diversifiers for RDOG
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Diversification Analysis
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