Looking to diversify beyond GGOV? The ETFs below have the lowest correlation with GGOV — 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 GGOV.
Best Diversifiers for GGOV
0 ETFs have low correlation with GGOV (below 0.3), 0 of which are negatively correlated. The least correlated is iShares 1-3 Year Treasury Bond ETF (SHY) (Government Bonds) with a 1Y correlation of 0.56, roughly unchanged from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 1-3 Year Treasury Bond ETF | 0.56 | 0.56 | 0.56 | 73 | Government Bonds, Short-Term Bond | GGOV vs SHY |
Diversification Analysis
Build a portfolio that complements GGOV
Add GGOV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GGOV