Looking to diversify beyond GEND? The ETFs below have historically moved differently from GEND, 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 GEND
727 ETFs have low correlation with GEND (below 0.3), 46 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.19 | — | — | 61 | Cryptocurrency | GEND vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.19 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | GEND vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.19 | — | — | 61 | Inverse Equities, Leveraged Equities | GEND vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.18 | — | — | 52 | Inverse Equities | GEND vs SMST | |
| Alpha Architect Tail Risk ETF | -0.18 | -0.27 | -0.27 | 56 | Options Trading | GEND vs CAOS |
See all 2226 diversifiers for GEND
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Diversification Analysis
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