Looking to diversify beyond GBF? The ETFs below have the lowest correlation with GBF — 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 GBF.
Best Diversifiers for GBF
938 ETFs have low correlation with GBF (below 0.3), 92 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.46 | -0.49 | 73 | Leveraged Currency | GBF vs YCS | |
| Invesco DB Energy Fund | -0.43 | -0.24 | -0.17 | 57 | Oil & Gas | GBF vs DBE | |
| United States Gasoline Fund LP | -0.42 | -0.23 | -0.15 | 84 | Oil & Gas | GBF vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.38 | -0.19 | -0.13 | 54 | Commodities | GBF vs GSG | |
| Fidelity Managed Futures ETF | -0.36 | — | — | 81 | Systematic Trend | GBF vs FFUT |
See all 2062 diversifiers for GBF
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