Looking to diversify beyond GLDY? The ETFs below have the lowest correlation with GLDY — 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 GLDY.
Best Diversifiers for GLDY
1625 ETFs have low correlation with GLDY (below 0.3), 26 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.20 | — | — | 61 | Leveraged Currency | GLDY vs YCS | |
| First Trust Merger Arbitrage ETF | -0.10 | — | — | 50 | Long-Short | GLDY vs MARB | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 99 | Ultrashort Bond | GLDY vs CSHP | |
| TCW AAA CLO ETF | -0.09 | — | — | 99 | CLO | GLDY vs ACLO | |
| F/m US Treasury 3 Month Bill ETF | -0.07 | — | — | 100 | Ultrashort Bond | GLDY vs TBIL |
See all 2076 diversifiers for GLDY
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Diversification Analysis
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