Looking to balance out your exposure to GDS? The ETFs below have the lowest correlation with GDS — they tend to move on their own, which can help reduce risk when GDS drops. The stock ideas table highlights individual companies that behave independently from GDS.
Best Diversifiers for GDS
0 ETFs have low correlation with GDS (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Artificial Intelligence & Technology ETF (AIQ) (Technology Equities) with a 1Y correlation of 0.48, roughly unchanged from 0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Artificial Intelligence & Technology ETF | 0.48 | 0.39 | 0.48 | 81 | Technology Equities | GDS vs AIQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GDS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GDS and solid risk/return profiles. The least correlated is Raytheon Technologies Corporation (RTX) (Industrials) with a 1Y correlation of 0.15, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Raytheon Technologies Corporation | 0.15 | 0.10 | 0.14 | 70 | Industrials |
Build a portfolio that complements GDS
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