Looking to balance out your exposure to GAIN? The ETFs below have the lowest correlation with GAIN — they tend to move on their own, which can help reduce risk when GAIN drops. The stock ideas table highlights individual companies that behave independently from GAIN.
Best Diversifiers for GAIN
8 ETFs have low correlation with GAIN (below 0.3), 1 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.05, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.05 | -0.01 | -0.03 | 100 | Government Bonds, Ultrashort Bond | GAIN vs USFR | |
| iShares Treasury Floating Rate Bond ETF | 0.05 | 0.02 | -0.04 | 100 | Government Bonds, Ultrashort Bond | GAIN vs TFLO | |
| iShares National AMT-Free Muni Bond ETF | 0.08 | 0.17 | 0.14 | 68 | Municipal Bonds | GAIN vs MUB | |
| Global X U.S. Electrification ETF | 0.15 | — | — | 65 | Utilities Equities | GAIN vs ZAP | |
| Schwab U.S. Dividend Equity ETF | 0.23 | 0.36 | 0.46 | 85 | Dividend | GAIN vs SCHD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GAIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GAIN and solid risk/return profiles. The least correlated is Johnson & Johnson (JNJ) (Healthcare) with a 1Y correlation of -0.03, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Johnson & Johnson | -0.03 | 0.09 | 0.14 | 94 | Healthcare | |
| Chevron Corporation | -0.03 | 0.18 | 0.23 | 84 | Energy | |
| Verizon Communications Inc. | 0.02 | 0.11 | 0.16 | 56 | Communication Services | |
| GlaxoSmithKline plc | 0.02 | 0.10 | 0.17 | 71 | Healthcare | |
| Brookfield Renewable Partners L.P. | 0.03 | 0.17 | 0.24 | 87 | Utilities |
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Build a portfolio that complements GAIN
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