Looking to balance out your exposure to GGZ? The ETFs below have the lowest correlation with GGZ — they tend to move on their own, which can help reduce risk when GGZ drops. The stock ideas table highlights individual companies that behave independently from GGZ.
Best Diversifiers for GGZ
0 ETFs have low correlation with GGZ (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.58, down from 0.71 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.58 | 0.66 | 0.71 | 66 | S&P 500 | GGZ vs SPY |
Diversification Analysis
Build a portfolio that complements GGZ
Add GGZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GGZ