Looking to diversify beyond GFLW? The ETFs below have the lowest correlation with GFLW — 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 GFLW.
Best Diversifiers for GFLW
406 ETFs have low correlation with GFLW (below 0.3), 77 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.16 | -0.16 | 71 | Oil & Gas | GFLW vs DBE | |
| United States Oil Fund LP | -0.31 | — | — | 66 | Oil & Gas | GFLW vs USO | |
| United States Brent Oil Fund LP | -0.28 | -0.12 | -0.12 | 65 | Oil & Gas | GFLW vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | -0.13 | -0.13 | 56 | Derivative Income | GFLW vs USOY | |
| United States 12 Month Oil Fund LP | -0.27 | -0.09 | -0.09 | 56 | Oil & Gas | GFLW vs USL |
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