Looking to diversify beyond GDLC? The ETFs below have the lowest correlation with GDLC — 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 GDLC.
Best Diversifiers for GDLC
620 ETFs have low correlation with GDLC (below 0.3), 38 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.83, roughly unchanged from -0.75 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.83 | -0.75 | -0.75 | 60 | Inverse Equities, Leveraged Equities | GDLC vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.83 | -0.75 | -0.75 | 53 | Inverse Equities | GDLC vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.79 | -0.77 | -0.77 | 65 | Derivative Income | GDLC vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.16 | -0.25 | -0.25 | 60 | Inverse Equities | GDLC vs NFXS | |
| Return Stacked Bonds & Futures Yield ETF | -0.13 | — | — | 51 | Multistrategy | GDLC vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GDLC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GDLC and solid risk/return profiles. The least correlated is Sprott Physical Gold Trust (PHYS) (Financial Services) with a 1Y correlation of 0.25, up from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sprott Physical Gold Trust | 0.25 | 0.15 | 0.14 | 65 | Financial Services | |
| MP Materials Corp. | 0.27 | 0.21 | 0.25 | 53 | Basic Materials |
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