Looking to diversify beyond GAL? The ETFs below have the lowest correlation with GAL — 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 GAL.
Best Diversifiers for GAL
239 ETFs have low correlation with GAL (below 0.3), 46 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.45, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.45 | -0.44 | -0.44 | 53 | Inverse Equities | GAL vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | -0.43 | -0.43 | 60 | Inverse Equities, Leveraged Equities | GAL vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.43 | -0.44 | -0.44 | 65 | Derivative Income | GAL vs WNTR | |
| ProShares UltraShort Yen | -0.32 | -0.22 | -0.21 | 75 | Leveraged Currency | GAL vs YCS | |
| United States Gasoline Fund LP | -0.22 | -0.04 | 0.12 | 72 | Oil & Gas | GAL vs UGA |
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