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
579 ETFs have low correlation with GAVA (below 0.3), 58 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.63, roughly unchanged from -0.63 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.63 | -0.63 | -0.63 | 60 | Inverse Equities, Leveraged Equities | GAVA vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.62 | -0.62 | -0.62 | 53 | Inverse Equities | GAVA vs SMST | |
| Barclays ETN+ Select MLP ETN | -0.29 | -0.29 | -0.29 | 56 | MLPs | GAVA vs ATMP | |
| Fidelity Managed Futures ETF | -0.29 | -0.29 | -0.29 | 66 | Systematic Trend | GAVA vs FFUT | |
| Westwood Salient Enhanced Midstream Income ETF | -0.29 | -0.29 | -0.29 | 67 | Energy Equities | GAVA vs MDST |
See all 2005 diversifiers for GAVA
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