Looking to diversify beyond GENM? The ETFs below have historically moved differently from GENM, 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 GENM
2172 ETFs have low correlation with GENM (below 0.3), 211 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.19 | — | — | 59 | Leveraged Currency | GENM vs YCS | |
| KFA Mount Lucas Index Strategy ETF | -0.16 | -0.10 | -0.10 | 51 | Systematic Trend | GENM vs KMLM | |
| Pacer American Energy Independence ETF | -0.15 | -0.02 | -0.02 | 51 | Energy Equities | GENM vs USAI | |
| Twin Oak Short Horizon Absolute Return ETF | -0.14 | — | — | 58 | Multistrategy | GENM vs TOAK | |
| Bastion Energy ETF | -0.14 | — | — | 87 | Energy Equities | GENM vs BESF |
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