Looking to diversify beyond GLBL? The ETFs below have the lowest correlation with GLBL — 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 GLBL.
Best Diversifiers for GLBL
383 ETFs have low correlation with GLBL (below 0.3), 83 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.31, down from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.31 | -0.16 | -0.16 | 66 | Oil & Gas | GLBL vs USO | |
| Invesco DB Energy Fund | -0.31 | -0.18 | -0.18 | 71 | Oil & Gas | GLBL vs DBE | |
| United States Brent Oil Fund LP | -0.29 | -0.15 | -0.15 | 65 | Oil & Gas | GLBL vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | -0.16 | -0.16 | 56 | Derivative Income | GLBL vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.27 | -0.12 | -0.12 | 56 | Oil & Gas | GLBL vs OILK |
See all 2182 diversifiers for GLBL
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GLBL
Add GLBL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GLBL