Looking to diversify beyond GENZ? The ETFs below have the lowest correlation with GENZ — 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 GENZ.
Best Diversifiers for GENZ
653 ETFs have low correlation with GENZ (below 0.3), 90 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.23 | 0.00 | 0.11 | 66 | Oil & Gas | GENZ vs USO | |
| Invesco DB Energy Fund | -0.23 | -0.01 | 0.12 | 71 | Oil & Gas | GENZ vs DBE | |
| ProShares UltraShort Yen | -0.22 | -0.13 | -0.07 | 61 | Leveraged Currency | GENZ vs YCS | |
| United States Gasoline Fund LP | -0.20 | -0.02 | 0.09 | 69 | Oil & Gas | GENZ vs UGA | |
| United States Brent Oil Fund LP | -0.20 | 0.00 | 0.11 | 65 | Oil & Gas | GENZ vs BNO |
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