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
1398 ETFs have low correlation with GBF (below 0.3), 102 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.52, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.52 | -0.47 | -0.49 | 67 | Leveraged Currency | GBF vs YCS | |
| United States Gasoline Fund LP | -0.44 | -0.22 | -0.15 | 70 | Oil & Gas | GBF vs UGA | |
| Invesco DB Energy Fund | -0.44 | -0.23 | -0.17 | 71 | Oil & Gas | GBF vs DBE | |
| United States Brent Oil Fund LP | -0.42 | -0.22 | -0.17 | 65 | Oil & Gas | GBF vs BNO | |
| United States Oil Fund LP | -0.42 | -0.23 | -0.17 | 66 | Oil & Gas | GBF vs USO |
See all 2171 diversifiers for GBF
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GBF
Add GBF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GBF