Looking to diversify beyond GEMD? The ETFs below have the lowest correlation with GEMD — 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 GEMD.
Best Diversifiers for GEMD
199 ETFs have low correlation with GEMD (below 0.3), 36 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.40, roughly unchanged from -0.36 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.40 | -0.36 | — | 61 | Leveraged Currency | GEMD vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.28 | — | — | 97 | Inflation-Protected Bonds | GEMD vs RBIL | |
| VanEck Commodity Strategy ETF | -0.24 | -0.04 | — | 55 | Commodities | GEMD vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.21 | -0.06 | — | 70 | Commodities | GEMD vs FAAR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | GEMD vs IBIC |
See all 2068 diversifiers for GEMD
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