Looking to diversify beyond GGME? The ETFs below have the lowest correlation with GGME — 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 GGME.
Best Diversifiers for GGME
491 ETFs have low correlation with GGME (below 0.3), 80 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.47, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.47 | -0.48 | -0.48 | 65 | Inverse Equities, Leveraged Equities | GGME vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | — | — | 56 | Inverse Equities | GGME vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.45 | -0.46 | -0.46 | 70 | Derivative Income | GGME vs WNTR | |
| ProShares Short Bitcoin ETF | -0.43 | -0.36 | -0.38 | 53 | Cryptocurrency | GGME vs BITI | |
| Direxion Daily NFLX Bear 1X Shares | -0.32 | — | — | 61 | Inverse Equities | GGME vs NFXS |
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