Looking to diversify beyond GCAL? The ETFs below have historically moved differently from GCAL, 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 GCAL
1851 ETFs have low correlation with GCAL (below 0.3), 120 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.31 | — | — | 56 | Leveraged Currency | GCAL vs YCS | |
| Invesco DB Energy Fund | -0.30 | — | — | 72 | Oil & Gas | GCAL vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.29 | — | — | 67 | Commodities | GCAL vs GSG | |
| Invesco DB Oil Fund | -0.28 | — | — | 58 | Oil & Gas | GCAL vs DBO | |
| Invesco DB Commodity Index Tracking Fund | -0.28 | — | — | 71 | Commodities | GCAL vs DBC |
See all 2226 diversifiers for GCAL
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