Looking to diversify beyond GLTR? The ETFs below have the lowest correlation with GLTR — 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 GLTR.
Best Diversifiers for GLTR
993 ETFs have low correlation with GLTR (below 0.3), 33 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.42 | -0.44 | -0.48 | 51 | Currency | GLTR vs UUP | |
| Proshares Ultrashort Bitcoin ETF | -0.29 | -0.20 | -0.20 | 52 | Cryptocurrency, Leveraged Cryptocurrency | GLTR vs SBIT | |
| ProShares Short Bitcoin ETF | -0.29 | -0.16 | -0.19 | 57 | Cryptocurrency | GLTR vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.24 | -0.19 | -0.19 | 68 | Inverse Equities, Leveraged Equities | GLTR vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.24 | -0.18 | -0.18 | 70 | Derivative Income | GLTR vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GLTR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GLTR and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.08, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.08 | -0.01 | 0.04 | 81 | Consumer Defensive | |
| Enterprise Products Partners L.P. | -0.08 | 0.08 | 0.16 | 87 | Energy | |
| Waste Management, Inc. | -0.06 | -0.01 | 0.06 | 53 | Industrials | |
| Chubb Limited | -0.05 | -0.02 | 0.02 | 86 | Financial Services | |
| Devon Energy Corporation | -0.04 | 0.11 | 0.16 | 72 | Energy |
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Build a portfolio that complements GLTR
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