Looking to balance out your exposure to GAM? The ETFs below have historically moved differently from GAM, 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 GAM
12 ETFs have low correlation with GAM (below 0.3), 5 of which are negatively correlated. The least correlated is FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) (Nontraditional Bonds) with a 1Y correlation of -0.15, roughly unchanged from -0.16 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FolioBeyond Alternative Income and Interest Rate H... | -0.15 | -0.16 | — | 51 | Nontraditional Bonds | GAM vs RISR | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.12 | 0.04 | 0.16 | 61 | Commodities | GAM vs GSG | |
| iShares 0-3 Month Treasury Bond ETF | -0.07 | -0.02 | 0.00 | 100 | Ultrashort Bond | GAM vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.05 | -0.05 | -0.01 | 100 | Government Bonds, Ultrashort Bond | GAM vs BIL | |
| VanEck Commodity Strategy ETF | -0.02 | 0.08 | — | 88 | Commodities | GAM vs PIT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for GAM, 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 Berkshire Hathaway Inc. Class A (BRK-A) (Financial Services) with a 1Y correlation of 0.08, down from 0.47 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. Class A | 0.08 | 0.31 | 0.47 | 61 | Financial Services | |
| Berkshire Hathaway Inc. | 0.11 | 0.32 | 0.49 | 61 | Financial Services | |
| DNP Select Income Fund Inc. | 0.22 | 0.27 | 0.34 | 90 | Financial Services | |
| Itochu Corp ADR | 0.34 | 0.39 | 0.40 | 62 | Industrials | |
| BlackRock Science and Technology Trust | 0.53 | 0.57 | 0.64 | 84 | Financial Services |
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