Looking to diversify beyond GGLL? The ETFs below have the lowest correlation with GGLL — 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 GGLL.
Best Diversifiers for GGLL
613 ETFs have low correlation with GGLL (below 0.3), 79 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.29 | — | — | 53 | Inverse Equities | GGLL vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.29 | — | — | 70 | Derivative Income | GGLL vs WNTR | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | — | — | 68 | Inverse Equities, Leveraged Equities | GGLL vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.23 | -0.24 | -0.25 | 57 | Cryptocurrency | GGLL vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.23 | -0.28 | -0.28 | 52 | Cryptocurrency, Leveraged Cryptocurrency | GGLL vs SBIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GGLL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GGLL and solid risk/return profiles. The least correlated is Occidental Petroleum Corporation (OXY) (Energy) with a 1Y correlation of -0.23, down from -0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Occidental Petroleum Corporation | -0.23 | -0.01 | — | 62 | Energy | |
| Chevron Corporation | -0.21 | -0.04 | — | 70 | Energy | |
| ConocoPhillips Company | -0.19 | -0.02 | — | 66 | Energy | |
| Exxon Mobil Corporation | -0.18 | -0.06 | 0.01 | 75 | Energy | |
| Altria Group, Inc. | -0.18 | -0.11 | — | 81 | Consumer Defensive |
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