Looking to diversify beyond GGTL? The ETFs below have the lowest correlation with GGTL — 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 GGTL.
Best Diversifiers for GGTL
0 ETFs have low correlation with GGTL (below 0.3), 0 of which are negatively correlated. The least correlated is Gabelli Commercial Aerospace & Defense ETF (GCAD) (Aerospace & Defense) with a 1Y correlation of 0.47, down from 0.65 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Gabelli Commercial Aerospace & Defense ETF | 0.47 | 0.65 | — | 64 | Aerospace & Defense | GGTL vs GCAD | |
| ASML Holding NV ADR Hedged ETF | 0.53 | — | — | 92 | Technology Equities | GGTL vs ASMH | |
| STMicroelectronics NV ADRhedged | 0.60 | — | — | 85 | Technology Equities | GGTL vs STHH | |
| SPDR S&P Kensho Future Security ETF | 0.62 | 0.74 | — | 51 | Technology Equities, Cybersecurity | GGTL vs FITE | |
| KraneShares Global Humanoid and Embodied Intellige... | 0.65 | — | — | 72 | Technology Equities | GGTL vs KOID |
See all 57 diversifiers for GGTL
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