Looking to diversify beyond SDOW? The ETFs below have the lowest correlation with SDOW — 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 SDOW.
Best Diversifiers for SDOW
1659 ETFs have low correlation with SDOW (below 0.3), 1592 of which are negatively correlated. The least correlated is State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) (Large Cap Blend Equities) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR Dow Jones Industrial Average ETF... | -1.00 | -1.00 | -1.00 | 54 | Large Cap Blend Equities | SDOW vs DIA | |
| Global X Dow 30 Covered Call & Growth ETF | -0.98 | -0.98 | -0.98 | 57 | Derivative Income | SDOW vs DYLG | |
| First Trust Dow 30 Equal Weight ETF | -0.94 | -0.95 | -0.96 | 54 | Large Cap Blend Equities | SDOW vs EDOW | |
| Brookstone Opportunities ETF | -0.91 | — | — | 69 | Diversified Portfolio | SDOW vs BAMO | |
| Invesco S&P 100 Equal Weight ETF | -0.91 | -0.91 | -0.93 | 66 | Large Cap Blend Equities | SDOW vs EQWL |
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