Looking to diversify beyond GIND? The ETFs below have the lowest correlation with GIND — 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 GIND.
Best Diversifiers for GIND
618 ETFs have low correlation with GIND (below 0.3), 92 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.34 | — | — | 66 | Oil & Gas | GIND vs USO | |
| United States Brent Oil Fund LP | -0.33 | — | — | 65 | Oil & Gas | GIND vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.33 | — | — | 56 | Derivative Income | GIND vs USOY | |
| Invesco DB Energy Fund | -0.33 | — | — | 71 | Oil & Gas | GIND vs DBE | |
| Invesco DB Oil Fund | -0.30 | — | — | 65 | Oil & Gas | GIND vs DBO |
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