Looking to diversify beyond GAVA? The ETFs below have the lowest correlation with GAVA — 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 GAVA.
Best Diversifiers for GAVA
426 ETFs have low correlation with GAVA (below 0.3), 48 of which are negatively correlated. The least correlated is Fidelity Managed Futures ETF (FFUT) (Systematic Trend) with a 1Y correlation of -0.32, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.32 | -0.32 | -0.32 | 64 | Systematic Trend | GAVA vs FFUT | |
| Tortoise North American Pipeline Fund | -0.28 | -0.28 | -0.28 | 55 | Energy Equities | GAVA vs TPYP | |
| Alerian Energy Infrastructure ETF | -0.27 | -0.27 | -0.27 | 50 | Energy Equities | GAVA vs ENFR | |
| Bastion Energy ETF | -0.27 | -0.27 | -0.27 | 75 | Energy Equities | GAVA vs BESF | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.26 | -0.26 | -0.26 | 97 | Inflation-Protected Bonds | GAVA vs RBIL |
See all 2024 diversifiers for GAVA
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