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
1574 ETFs have low correlation with GLTR (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.19, up from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.19 | -0.24 | -0.33 | 63 | Leveraged Currency | GLTR vs YCS | |
| US Treasury 3 Month Bill ETF | -0.11 | -0.02 | — | 100 | Ultrashort Bond | GLTR vs TBIL | |
| TCW AAA CLO ETF | -0.11 | — | — | 99 | CLO | GLTR vs ACLO | |
| Roundhill Weekly T-Bill ETF | -0.10 | — | — | 99 | Ultrashort Bond | GLTR vs WEEK | |
| PIMCO Enhanced Short Maturity Active ETF | -0.09 | -0.03 | 0.10 | 100 | Ultrashort Bond | GLTR vs MINT |
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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 Enterprise Products Partners L.P. (EPD) (Energy) with a 1Y correlation of -0.05, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | -0.05 | 0.10 | 0.18 | 86 | Energy | |
| Altria Group, Inc. | -0.05 | 0.00 | 0.06 | 67 | Consumer Defensive | |
| Humana Inc. | -0.03 | -0.03 | -0.01 | 62 | Healthcare | |
| Energy Transfer LP | -0.02 | 0.11 | 0.16 | 73 | Energy | |
| MSCI Inc. | -0.02 | 0.06 | 0.08 | 54 | Financial Services |
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