Looking to balance out your exposure to GATX? The ETFs below have the lowest correlation with GATX — they tend to move on their own, which can help reduce risk when GATX drops. The stock ideas table highlights individual companies that behave independently from GATX.
Best Diversifiers for GATX
1 ETFs have low correlation with GATX (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.05, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.05 | 0.04 | 0.04 | 100 | Ultrashort Bond | GATX vs SGOV | |
| Vanguard S&P 500 ETF | 0.36 | 0.46 | 0.51 | 70 | S&P 500 | GATX vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GATX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GATX and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.03, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.03 | 0.11 | 0.21 | 69 | Consumer Defensive | |
| CACI International Inc | -0.01 | 0.20 | 0.29 | 60 | Technology | |
| MSCI Inc. | 0.12 | 0.26 | 0.30 | 50 | Financial Services | |
| Chubb Limited | 0.16 | 0.22 | 0.34 | 51 | Financial Services | |
| Apple Inc | 0.18 | 0.22 | 0.29 | 89 | Technology |
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