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Looking to diversify beyond GBIL? The ETFs below have historically moved differently from GBIL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for GBIL

2237 ETFs have low correlation with GBIL (below 0.3), 1001 of which are negatively correlated.

How candidates are selected

Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for GBIL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Ituran Location and Control Ltd. (ITRN) (Technology) with a 1Y correlation of -0.05, roughly unchanged from -0.01 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Ituran Location and Control Ltd.-0.05-0.04-0.01
83
Technology
Strategy Inc Variable Rate Series A Perpetual Stre...-0.01
62
Technology
Amylyx Pharmaceuticals, Inc.0.06-0.01
93
Healthcare

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Diversification Analysis

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