Looking to diversify beyond SGDJ? The ETFs below have the lowest correlation with SGDJ — 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 SGDJ.
Best Diversifiers for SGDJ
453 ETFs have low correlation with SGDJ (below 0.3), 42 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.34, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.34 | -0.19 | -0.24 | 53 | Cryptocurrency | SGDJ vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | — | — | 65 | Inverse Equities, Leveraged Equities | SGDJ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | — | — | 70 | Derivative Income | SGDJ vs WNTR | |
| Invesco DB Energy Fund | -0.23 | -0.00 | 0.12 | 57 | Oil & Gas | SGDJ vs DBE | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | SGDJ vs RBIL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SGDJ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SGDJ and solid risk/return profiles. The least correlated is Gold Fields Limited (GFI) (Basic Materials) with a 1Y correlation of 0.81, roughly unchanged from 0.74 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Gold Fields Limited | 0.81 | 0.74 | 0.74 | 66 | Basic Materials |
Build a portfolio that complements SGDJ
Add SGDJ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SGDJ