Looking to balance out your exposure to GEO? The ETFs below have the lowest correlation with GEO — they tend to move on their own, which can help reduce risk when GEO drops. The stock ideas table highlights individual companies that behave independently from GEO.
Best Diversifiers for GEO
4 ETFs have low correlation with GEO (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.24, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.24 | 0.28 | 0.28 | 73 | Nasdaq-100 | GEO vs QQQ | |
| Schwab U.S. Dividend Equity ETF | 0.26 | 0.28 | 0.32 | 80 | Dividend | GEO vs SCHD | |
| State Street SPDR S&P 500 ETF | 0.29 | 0.31 | 0.32 | 70 | S&P 500 | GEO vs SPY | |
| Vanguard S&P 500 ETF | 0.30 | 0.32 | 0.33 | 70 | S&P 500 | GEO vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GEO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GEO and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of 0.04, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | 0.04 | 0.03 | 0.09 | 66 | Consumer Defensive | |
| NVIDIA Corporation | 0.13 | 0.20 | 0.21 | 78 | Technology | |
| CrowdStrike Holdings, Inc. | 0.13 | 0.22 | 0.15 | 70 | Technology | |
| Seadrill Limited | 0.20 | 0.18 | — | 87 | Energy | |
| Citigroup Inc. | 0.22 | 0.27 | 0.30 | 91 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GEO
Add GEO to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GEO