Looking to diversify beyond GEMG? The ETFs below have the lowest correlation with GEMG — 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 GEMG.
Best Diversifiers for GEMG
880 ETFs have low correlation with GEMG (below 0.3), 44 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 -0.58, roughly unchanged from -0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.58 | -0.58 | -0.58 | 60 | Inverse Equities, Leveraged Equities | GEMG vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.58 | -0.58 | -0.58 | 53 | Inverse Equities | GEMG vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.56 | -0.56 | -0.56 | 65 | Derivative Income | GEMG vs WNTR | |
| Direxion Daily NFLX Bear 1X Shares | -0.15 | -0.15 | -0.15 | 60 | Inverse Equities | GEMG vs NFXS | |
| Brookmont Catastrophic Bond ETF | -0.11 | -0.11 | -0.11 | 97 | Nontraditional Bonds | GEMG vs ILS |
See all 2022 diversifiers for GEMG
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