Looking to diversify beyond SDOG? The ETFs below have historically moved differently from SDOG, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SDOG
586 ETFs have low correlation with SDOG (below 0.3), 35 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.20 | — | — | 61 | Inverse Equities, Leveraged Equities | SDOG vs MSTZ | |
| Proshares Ultrashort Bitcoin ETF | -0.18 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | SDOG vs SBIT | |
| ProShares Short Bitcoin ETF | -0.18 | -0.21 | — | 61 | Cryptocurrency | SDOG vs BITI | |
| ProShares UltraShort Yen | -0.17 | -0.12 | -0.08 | 56 | Leveraged Currency | SDOG vs YCS | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.17 | — | — | 75 | Derivative Income | SDOG vs WNTR |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SDOG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. 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.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Alphabet Inc. Class A | 0.10 | 0.15 | 0.30 | 95 | Communication Services | |
| Eli Lilly and Company | 0.16 | 0.17 | 0.20 | 83 | Healthcare | |
| Cisco Systems, Inc. | 0.17 | 0.37 | 0.50 | 93 | Technology | |
| Exxon Mobil Corporation | 0.19 | 0.36 | 0.45 | 84 | Energy | |
| Devon Energy Corporation | 0.20 | 0.36 | 0.47 | 76 | Energy |
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