Looking to balance out your exposure to GECC? The ETFs below have the lowest correlation with GECC — they tend to move on their own, which can help reduce risk when GECC drops. The stock ideas table highlights individual companies that behave independently from GECC.
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 0.17, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Amplify CWP Enhanced Dividend Income ETF | 0.17 | 0.15 | 0.13 | 69 | Derivative Income | GECC vs DIVO | |
| iShares S&P 100 ETF | 0.25 | 0.12 | 0.12 | 67 | Large Cap Blend Equities | GECC vs OEF | |
| State Street SPDR S&P 500 ETF | 0.26 | 0.15 | 0.14 | 74 | S&P 500 | GECC vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GECC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GECC and solid risk/return profiles. The least correlated is ZIM Integrated Shipping Services Ltd. (ZIM) (Industrials) with a 1Y correlation of 0.12, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ZIM Integrated Shipping Services Ltd. | 0.12 | 0.08 | 0.10 | 76 | Industrials | |
| AGNC Investment Corp. | 0.19 | 0.17 | 0.16 | 77 | Real Estate | |
| Capital Southwest Corporation | 0.26 | 0.22 | 0.17 | 78 | Financial Services | |
| Trinity Capital Inc. | 0.31 | 0.19 | 0.14 | 83 | Financial Services |
Build a portfolio that complements GECC
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