Looking to diversify beyond GBIL? The ETFs below have the lowest correlation with GBIL — 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 GBIL.
Best Diversifiers for GBIL
2133 ETFs have low correlation with GBIL (below 0.3), 654 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Cambria Chesapeake Pure Trend ETF | -0.14 | — | — | 76 | Systematic Trend | GBIL vs MFUT | |
| First Trust Long/Short Equity ETF | -0.13 | -0.00 | 0.01 | 60 | Long-Short | GBIL vs FTLS | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.13 | -0.05 | -0.03 | 76 | Commodities | GBIL vs SDCI | |
| Direxion Auspice Broad Commodity Strategy ETF | -0.13 | -0.09 | -0.05 | 74 | Commodities | GBIL vs COM | |
| YieldMax NVDA Option Income Strategy ETF | -0.13 | -0.05 | -0.05 | 60 | Options Trading | GBIL vs NVDY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GBIL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GBIL and solid risk/return profiles. The least correlated is Ituran Location and Control Ltd. (ITRN) (Technology) with a 1Y correlation of 0.01, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ituran Location and Control Ltd. | 0.01 | -0.03 | -0.01 | 89 | Technology | |
| Amylyx Pharmaceuticals, Inc. | 0.06 | -0.01 | -0.02 | 89 | Healthcare |
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