Looking to diversify beyond GCOR? The ETFs below have the lowest correlation with GCOR — 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 GCOR.
Best Diversifiers for GCOR
861 ETFs have low correlation with GCOR (below 0.3), 48 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.50, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.44 | -0.48 | 61 | Leveraged Currency | GCOR vs YCS | |
| Fidelity Managed Futures ETF | -0.32 | -0.31 | -0.31 | 64 | Systematic Trend | GCOR vs FFUT | |
| VanEck Commodity Strategy ETF | -0.28 | -0.12 | -0.11 | 55 | Commodities | GCOR vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.26 | -0.11 | -0.09 | 70 | Commodities | GCOR vs FAAR | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.23 | -0.09 | -0.05 | 53 | Commodities | GCOR vs FTGC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GCOR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GCOR and solid risk/return profiles. The least correlated is PepsiCo, Inc. (PEP) (Consumer Defensive) with a 1Y correlation of 0.08, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| PepsiCo, Inc. | 0.08 | 0.18 | 0.21 | 59 | Consumer Defensive | |
| AbbVie Inc. | 0.18 | 0.13 | 0.10 | 71 | Healthcare |
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