Looking to balance out your exposure to GFS? The ETFs below have the lowest correlation with GFS — they tend to move on their own, which can help reduce risk when GFS drops. The stock ideas table highlights individual companies that behave independently from GFS.
Best Diversifiers for GFS
0 ETFs have low correlation with GFS (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.48, roughly unchanged from 0.53 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.48 | 0.53 | — | 66 | S&P 500 | GFS vs VOO | |
| iShares U.S. Technology ETF | 0.52 | 0.56 | — | 54 | Technology Equities | GFS vs IYW | |
| Invesco QQQ ETF | 0.55 | 0.59 | — | 53 | Nasdaq-100 | GFS vs QQQ | |
| Invesco PHLX Semiconductor ETF | 0.65 | 0.68 | — | 89 | Semiconductors, Technology Equities | GFS vs SOXQ | |
| Invesco Semiconductors ETF | 0.68 | 0.69 | — | 91 | Semiconductors, Technology Equities | GFS vs PSI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GFS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GFS and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CBL & Associates Properties, Inc. | -0.03 | 0.15 | — | 98 | ||
| Gilead Sciences, Inc. | 0.09 | 0.13 | 0.14 | 72 | Healthcare | |
| Fomento Económico Mexicano, S.A.B. de C.V. | 0.14 | 0.17 | — | 86 | Consumer Defensive | |
| Amazon.com, Inc | 0.20 | 0.33 | — | 56 | Consumer Cyclical | |
| TechnipFMC plc | 0.21 | 0.18 | — | 97 | Energy |
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