Looking to diversify beyond GII? The ETFs below have the lowest correlation with GII — 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 GII.
Best Diversifiers for GII
531 ETFs have low correlation with GII (below 0.3), 37 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.42 | -0.41 | -0.47 | 51 | Currency | GII vs UUP | |
| ProShares UltraShort Yen | -0.36 | -0.27 | -0.22 | 72 | Leveraged Currency | GII vs YCS | |
| ProShares Short Bitcoin ETF | -0.22 | -0.24 | -0.28 | 57 | Cryptocurrency | GII vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.22 | -0.25 | -0.25 | 52 | Cryptocurrency, Leveraged Cryptocurrency | GII vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.16 | — | — | 68 | Inverse Equities, Leveraged Equities | GII vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GII, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GII and solid risk/return profiles. The least correlated is Enbridge Inc. (ENB) (Energy) with a 1Y correlation of 0.45, down from 0.69 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enbridge Inc. | 0.45 | 0.62 | 0.69 | 88 | Energy |
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