Looking to diversify beyond GLIV? The ETFs below have the lowest correlation with GLIV — 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 GLIV.
Best Diversifiers for GLIV
2 ETFs have low correlation with GLIV (below 0.3), 1 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, down from -0.32 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.32 | — | 53 | Cryptocurrency | GLIV vs BITI | |
| Grayscale Zcash Trust (ZEC) | 0.26 | 0.24 | — | 95 | Cryptocurrency | GLIV vs ZCSH |
Diversification Analysis
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