Looking to diversify beyond GLGG? The ETFs below have the lowest correlation with GLGG — 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 GLGG.
Best Diversifiers for GLGG
1 ETFs have low correlation with GLGG (below 0.3), 0 of which are negatively correlated. The least correlated is GraniteShares 2x Long DELL Daily ETF (DLLL) (Leveraged Equities) with a 1Y correlation of 0.30, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 0.30 | 0.30 | 0.30 | 96 | Leveraged Equities | GLGG vs DLLL | |
| GraniteShares 2x Long MU Daily ETF | 0.38 | — | — | 98 | Leveraged Equities | GLGG vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 0.42 | 0.42 | 0.42 | 51 | Leveraged Equities | GLGG vs ARMG | |
| Innovator U.S. Equity Accelerated Plus ETF | 0.43 | 0.43 | 0.43 | 97 | Leveraged Equities | GLGG vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 0.44 | 0.44 | 0.44 | 97 | Leveraged Equities | GLGG vs QTAP |
See all 6 diversifiers for GLGG
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GLGG
Add GLGG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GLGG