Looking to diversify beyond GBUG? The ETFs below have the lowest correlation with GBUG — 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 GBUG.
Best Diversifiers for GBUG
578 ETFs have low correlation with GBUG (below 0.3), 28 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.22 | — | — | 61 | Leveraged Currency | GBUG vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | — | — | 97 | Inflation-Protected Bonds | GBUG vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | GBUG vs IBIC | |
| TCW AAA CLO ETF | -0.13 | — | — | 99 | CLO | GBUG vs ACLO | |
| iShares Enhanced Short-Term Bond Active ETF | -0.11 | — | — | 99 | Ultrashort Bond | GBUG vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GBUG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GBUG and solid risk/return profiles. The least correlated is Tesla, Inc. (TSLA) (Consumer Cyclical) with a 1Y correlation of 0.32, up from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tesla, Inc. | 0.32 | 0.20 | 0.20 | 59 | Consumer Cyclical | |
| Sprott Inc | 0.65 | — | — | 82 | Financial Services | |
| Pan American Silver Corp. | 0.89 | 0.88 | 0.88 | 76 | Basic Materials |
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