Looking to diversify beyond GEVG? The ETFs below have the lowest correlation with GEVG — 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 GEVG.
Best Diversifiers for GEVG
590 ETFs have low correlation with GEVG (below 0.3), 99 of which are negatively correlated. The least correlated is iShares S&P GSCI Commodity-Indexed Trust (GSG) (Commodities) with a 1Y correlation of -0.23, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | -0.23 | -0.23 | 71 | Commodities | GEVG vs GSG | |
| Defiance Oil Enhanced Options Income ETF | -0.22 | -0.22 | -0.22 | 56 | Derivative Income | GEVG vs USOY | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.20 | -0.20 | -0.20 | 98 | Inflation-Protected Bonds | GEVG vs RBIL | |
| Invesco DB Oil Fund | -0.19 | -0.19 | -0.19 | 65 | Oil & Gas | GEVG vs DBO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.19 | -0.19 | -0.19 | 55 | Oil & Gas | GEVG vs OILK |
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