Looking to balance out your exposure to GFI? The ETFs below have the lowest correlation with GFI — they tend to move on their own, which can help reduce risk when GFI drops. The stock ideas table highlights individual companies that behave independently from GFI.
Best Diversifiers for GFI
0 ETFs have low correlation with GFI (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.37, up from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.37 | 0.21 | 0.17 | 65 | S&P 500 | GFI vs SPY | |
| Vanguard S&P 500 ETF | 0.37 | 0.21 | 0.17 | 66 | S&P 500 | GFI vs VOO | |
| iShares MSCI Spain ETF | 0.40 | 0.31 | 0.27 | 80 | Europe Equities | GFI vs EWP | |
| iShares MSCI Austria ETF | 0.43 | 0.30 | 0.27 | 83 | Europe Equities | GFI vs EWO | |
| Avantis International Small Cap Value ETF | 0.55 | 0.43 | 0.37 | 73 | Foreign Small & Mid Cap Equities | GFI vs AVDV |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GFI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GFI and solid risk/return profiles. The least correlated is Vista Oil & Gas, S.A.B. de C.V. (VIST) (Energy) with a 1Y correlation of -0.13, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vista Oil & Gas, S.A.B. de C.V. | -0.13 | 0.02 | 0.09 | 70 | Energy | |
| Arch Capital Group Ltd. | -0.07 | -0.03 | 0.03 | 62 | Financial Services | |
| Mercury General Corporation | -0.06 | 0.03 | 0.05 | 93 | Financial Services | |
| Cboe Global Markets, Inc. | -0.05 | 0.01 | 0.04 | 60 | Financial Services | |
| Perdoceo Education Corporation | -0.04 | 0.03 | 0.07 | 56 | Consumer Defensive |
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