Looking to balance out your exposure to GIB? The ETFs below have the lowest correlation with GIB — they tend to move on their own, which can help reduce risk when GIB drops. The stock ideas table highlights individual companies that behave independently from GIB.
Best Diversifiers for GIB
1 ETFs have low correlation with GIB (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.21, down from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.21 | 0.45 | 0.54 | 70 | S&P 500 | GIB vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GIB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GIB and solid risk/return profiles. The least correlated is CACI International Inc (CACI) (Technology) with a 1Y correlation of 0.06, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CACI International Inc | 0.06 | 0.20 | 0.26 | 60 | Technology | |
| International Business Machines Corporation | 0.42 | 0.44 | 0.43 | 53 | Technology |
Build a portfolio that complements GIB
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