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
446 ETFs have low correlation with GIAX (below 0.3), 93 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.27 | — | — | 71 | Oil & Gas | GIAX vs DBE | |
| United States Oil Fund LP | -0.26 | -0.08 | -0.08 | 66 | Oil & Gas | GIAX vs USO | |
| United States Brent Oil Fund LP | -0.26 | — | — | 65 | Oil & Gas | GIAX vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.26 | — | — | 56 | Derivative Income | GIAX vs USOY | |
| United States Gasoline Fund LP | -0.22 | -0.05 | -0.05 | 71 | Oil & Gas | GIAX vs UGA |
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