Looking to diversify beyond GDE? The ETFs below have the lowest correlation with GDE — 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 GDE.
Best Diversifiers for GDE
355 ETFs have low correlation with GDE (below 0.3), 27 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.34, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.34 | -0.34 | -0.34 | 51 | Derivative Income | GDE vs WNTR | |
| ProShares UltraShort Yen | -0.23 | -0.19 | — | 73 | Leveraged Currency | GDE vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | — | — | 97 | Inflation-Protected Bonds | GDE vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | GDE vs IBIC | |
| United States Gasoline Fund LP | -0.11 | 0.04 | — | 60 | Oil & Gas | GDE vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GDE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GDE and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.12, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.12 | -0.00 | 0.08 | 74 | Consumer Defensive | |
| The Coca-Cola Company | -0.09 | 0.04 | 0.14 | 74 | Consumer Defensive | |
| Enterprise Products Partners L.P. | -0.07 | 0.15 | 0.24 | 81 | Energy | |
| Cheniere Energy Partners, L.P. | -0.07 | 0.10 | 0.18 | 50 | Energy | |
| Verizon Communications Inc. | -0.06 | 0.07 | 0.13 | 62 | Communication Services |
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