Looking to diversify beyond GENT? The ETFs below have the lowest correlation with GENT — 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 GENT.
Best Diversifiers for GENT
1788 ETFs have low correlation with GENT (below 0.3), 139 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.33, roughly unchanged from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.33 | -0.24 | -0.24 | 69 | Oil & Gas | GENT vs UGA | |
| ProShares UltraShort Yen | -0.33 | -0.37 | -0.37 | 61 | Leveraged Currency | GENT vs YCS | |
| Invesco DB Energy Fund | -0.31 | — | — | 71 | Oil & Gas | GENT vs DBE | |
| Invesco DB Oil Fund | -0.30 | -0.21 | -0.21 | 65 | Oil & Gas | GENT vs DBO | |
| United States Brent Oil Fund LP | -0.29 | -0.21 | -0.21 | 65 | Oil & Gas | GENT vs BNO |
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