Looking to diversify beyond GCAL? The ETFs below have the lowest correlation with GCAL — 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 GCAL.
Best Diversifiers for GCAL
1698 ETFs have low correlation with GCAL (below 0.3), 100 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | — | — | 72 | Leveraged Currency | GCAL vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.27 | — | — | 51 | Currency | GCAL vs UUP | |
| Invesco DB Commodity Index Tracking Fund | -0.26 | -0.19 | -0.19 | 54 | Commodities | GCAL vs DBC | |
| Invesco DB Energy Fund | -0.26 | -0.21 | -0.21 | 53 | Oil & Gas | GCAL vs DBE | |
| DoubleLine Commodity Strategy ETF | -0.26 | -0.19 | -0.19 | 51 | Commodities | GCAL vs DCMT |
See all 2039 diversifiers for GCAL
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Diversification Analysis
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