Looking to diversify beyond GIAX? The ETFs below have the lowest correlation with GIAX — 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 GIAX.
Best Diversifiers for GIAX
471 ETFs have low correlation with GIAX (below 0.3), 86 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.54, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.54 | -0.51 | -0.51 | 57 | Cryptocurrency | GIAX vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.54 | -0.51 | -0.51 | 52 | Cryptocurrency, Leveraged Cryptocurrency | GIAX vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.51 | — | — | 60 | Inverse Equities | GIAX vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.50 | — | — | 68 | Inverse Equities, Leveraged Equities | GIAX vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.49 | — | — | 70 | Derivative Income | GIAX vs WNTR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GIAX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GIAX and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AGNC Investment Corp. | 0.31 | — | — | 83 | Real Estate |
Build a portfolio that complements GIAX
Add GIAX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GIAX