Looking to diversify beyond GAMR? The ETFs below have the lowest correlation with GAMR — 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 GAMR.
Best Diversifiers for GAMR
503 ETFs have low correlation with GAMR (below 0.3), 111 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.27, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.27 | -0.05 | 0.05 | 71 | Oil & Gas | GAMR vs DBE | |
| United States Oil Fund LP | -0.26 | -0.04 | 0.05 | 66 | Oil & Gas | GAMR vs USO | |
| United States Brent Oil Fund LP | -0.25 | -0.04 | 0.05 | 65 | Oil & Gas | GAMR vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.24 | -0.05 | -0.05 | 56 | Derivative Income | GAMR vs USOY | |
| Invesco DB Oil Fund | -0.22 | -0.02 | 0.06 | 65 | Oil & Gas | GAMR vs DBO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GAMR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GAMR and solid risk/return profiles. The least correlated is Energy Transfer LP (ET) (Energy) with a 1Y correlation of 0.01, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Energy Transfer LP | 0.01 | 0.21 | 0.27 | 73 | Energy | |
| Target Corporation | 0.11 | 0.19 | 0.30 | 72 | Consumer Defensive | |
| Best Buy Co., Inc. | 0.20 | 0.31 | 0.38 | 50 | Consumer Cyclical | |
| Celestica Inc. | 0.42 | 0.43 | 0.45 | 95 | Technology |
Build a portfolio that complements GAMR
Add GAMR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GAMR