Looking to diversify beyond GII? The ETFs below have historically moved differently from GII, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GII
552 ETFs have low correlation with GII (below 0.3), 36 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, down from -0.22 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.27 | -0.22 | 56 | Leveraged Currency | GII vs YCS | |
| ProShares Short Bitcoin ETF | -0.22 | -0.24 | — | 61 | Cryptocurrency | GII vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.22 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | GII vs SBIT | |
| Alpha Architect Tail Risk ETF | -0.17 | -0.04 | — | 56 | Options Trading | GII vs CAOS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.17 | — | — | 61 | Inverse Equities, Leveraged Equities | GII vs MSTZ |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for GII, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Enbridge Inc. (ENB) (Energy) with a 1Y correlation of 0.47, down from 0.69 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enbridge Inc. | 0.47 | 0.62 | 0.69 | 85 | Energy |
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