Looking to balance out your exposure to GCBC? The ETFs below have the lowest correlation with GCBC — they tend to move on their own, which can help reduce risk when GCBC drops. The stock ideas table highlights individual companies that behave independently from GCBC.
Best Diversifiers for GCBC
6 ETFs have low correlation with GCBC (below 0.3), 0 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of 0.02, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | 0.02 | 0.02 | 0.01 | 100 | Government Bonds, Ultrashort Bond | GCBC vs USFR | |
| iShares MSCI South Korea ETF | 0.05 | 0.13 | 0.17 | 87 | South Korea Equities, Asia Pacific Equities | GCBC vs EWY | |
| SPDR S&P Semiconductor ETF | 0.06 | 0.19 | 0.22 | 79 | Semiconductors, Technology Equities | GCBC vs XSD | |
| Kurv Yield Premium Strategy Google ETF | 0.13 | — | — | 83 | Derivative Income | GCBC vs GOOP | |
| Invesco S&P 500 Equal Weight Technology ETF | 0.15 | 0.22 | 0.24 | 74 | Technology Equities, S&P 500, Equal Weight | GCBC vs RSPT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GCBC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GCBC and solid risk/return profiles. The least correlated is Micron Technology, Inc. (MU) (Technology) with a 1Y correlation of -0.08, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Micron Technology, Inc. | -0.08 | 0.06 | 0.11 | 99 | Technology | |
| Sprott Physical Gold Trust | -0.05 | -0.01 | -0.00 | 60 | Financial Services | |
| Advanced Micro Devices, Inc. | -0.02 | 0.08 | 0.13 | 96 | Technology | |
| Archer-Daniels-Midland Company | -0.01 | 0.14 | 0.16 | 92 | Consumer Defensive | |
| Flex Ltd. | 0.02 | 0.13 | 0.17 | 92 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GCBC
Add GCBC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GCBC