Looking to diversify beyond GLOF? The ETFs below have the lowest correlation with GLOF — 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 GLOF.
Best Diversifiers for GLOF
303 ETFs have low correlation with GLOF (below 0.3), 63 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.43, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | -0.44 | -0.44 | 53 | Inverse Equities | GLOF vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | -0.43 | -0.43 | 60 | Inverse Equities, Leveraged Equities | GLOF vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 65 | Derivative Income | GLOF vs WNTR | |
| ProShares UltraShort Yen | -0.27 | -0.12 | -0.09 | 75 | Leveraged Currency | GLOF vs YCS | |
| Return Stacked Bonds & Futures Yield ETF | -0.24 | -0.22 | -0.22 | 51 | Multistrategy | GLOF vs RSBY |
See all 2058 diversifiers for GLOF
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GLOF
Add GLOF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GLOF