Looking to diversify beyond SGDJ? The ETFs below have historically moved differently from SGDJ, 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 SGDJ
522 ETFs have low correlation with SGDJ (below 0.3), 65 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.35, down from -0.20 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | -0.20 | — | 51 | Cryptocurrency | SGDJ vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.30 | — | — | 69 | Derivative Income | SGDJ vs WNTR | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.25 | -0.17 | -0.17 | 51 | Nontraditional Bonds | SGDJ vs RISR | |
| Invesco DB Energy Fund | -0.24 | -0.02 | 0.11 | 66 | Oil & Gas | SGDJ vs DBE | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.24 | — | — | 97 | Inflation-Protected Bonds | SGDJ vs RBIL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for SGDJ, 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 Gold Fields Limited (GFI) (Basic Materials) with a 1Y correlation of 0.82, roughly unchanged from 0.74 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Gold Fields Limited | 0.82 | 0.75 | 0.74 | 63 | Basic Materials |
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