Looking to diversify beyond GDIV? The ETFs below have the lowest correlation with GDIV — 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 GDIV.
Best Diversifiers for GDIV
348 ETFs have low correlation with GDIV (below 0.3), 52 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.36, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.36 | -0.31 | -0.34 | 57 | Cryptocurrency | GDIV vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | GDIV vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.35 | — | — | 68 | Inverse Equities, Leveraged Equities | GDIV vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.35 | — | — | 53 | Inverse Equities | GDIV vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | — | — | 70 | Derivative Income | GDIV vs WNTR |
See all 2057 diversifiers for GDIV
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