Looking to diversify beyond TOGA? The ETFs below have the lowest correlation with TOGA — 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 TOGA.
Best Diversifiers for TOGA
271 ETFs have low correlation with TOGA (below 0.3), 41 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.37, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.37 | -0.37 | -0.37 | 57 | Cryptocurrency | TOGA vs BITI | |
| Invesco DB Energy Fund | -0.22 | — | — | 53 | Oil & Gas | TOGA vs DBE | |
| VanEck Energy Income ETF | -0.17 | 0.14 | 0.14 | 81 | Energy Equities | TOGA vs EINC | |
| Alerian Energy Infrastructure ETF | -0.16 | — | — | 77 | Energy Equities | TOGA vs ENFR | |
| Invesco DB Commodity Index Tracking Fund | -0.14 | — | — | 54 | Commodities | TOGA vs DBC |
See all 1126 diversifiers for TOGA
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