Looking to diversify beyond SDOG? The ETFs below have the lowest correlation with SDOG — 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 SDOG.
Best Diversifiers for SDOG
562 ETFs have low correlation with SDOG (below 0.3), 24 of which are negatively correlated. The least correlated is Direxion Daily MU Bull 2X Shares (MUU) (Leveraged Equities) with a 1Y correlation of -0.36, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | -0.36 | -0.36 | -0.36 | 99 | Leveraged Equities, Semiconductors | SDOG vs MUU | |
| ProShares UltraShort Yen | -0.24 | -0.13 | -0.09 | 75 | Leveraged Currency | SDOG vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.21 | -0.22 | -0.22 | 60 | Inverse Equities, Leveraged Equities | SDOG vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.17 | -0.23 | -0.23 | 65 | Derivative Income | SDOG vs WNTR | |
| United States Gasoline Fund LP | -0.10 | 0.01 | 0.16 | 72 | Oil & Gas | SDOG vs UGA |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SDOG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SDOG and solid risk/return profiles. The least correlated is Alphabet Inc. Class A (GOOGL) (Communication Services) with a 1Y correlation of 0.10, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Alphabet Inc. Class A | 0.10 | 0.16 | 0.30 | 96 | Communication Services | |
| Eli Lilly and Company | 0.17 | 0.16 | 0.19 | 80 | Healthcare | |
| Tesla, Inc. | 0.17 | 0.25 | 0.30 | 66 | Consumer Cyclical | |
| Altria Group, Inc. | 0.19 | 0.36 | 0.45 | 79 | Consumer Defensive | |
| Cisco Systems, Inc. | 0.19 | 0.38 | 0.50 | 94 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements SDOG
Add SDOG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SDOG