Looking to balance out your exposure to GECC? The ETFs below have historically moved differently from GECC, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GECC
3 ETFs have low correlation with GECC (below 0.3), 0 of which are negatively correlated. The least correlated is Amplify CWP Enhanced Dividend Income ETF (DIVO) (Derivative Income) with a 1Y correlation of 0.16, roughly unchanged from 0.13 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amplify CWP Enhanced Dividend Income ETF | 0.16 | 0.14 | 0.13 | 81 | Derivative Income | GECC vs DIVO | |
| iShares S&P 100 ETF | 0.27 | 0.13 | 0.13 | 55 | Large Cap Blend Equities | GECC vs OEF | |
| State Street SPDR S&P 500 ETF | 0.28 | 0.16 | 0.15 | 67 | S&P 500 | GECC vs SPY |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for GECC, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Permian Basin Royalty Trust (PBT) (Energy) with a 1Y correlation of -0.03, roughly unchanged from 0.03 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Permian Basin Royalty Trust | -0.03 | 0.03 | 0.03 | 95 | Energy | |
| ZIM Integrated Shipping Services Ltd. | 0.13 | 0.10 | 0.11 | 82 | Industrials | |
| AGNC Investment Corp. | 0.16 | 0.16 | 0.15 | 79 | Real Estate | |
| Capital Southwest Corporation | 0.25 | 0.21 | 0.17 | 68 | Financial Services | |
| Trinity Capital Inc. | 0.31 | 0.19 | 0.14 | 84 | Financial Services |
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