Looking to balance out your exposure to GM? The ETFs below have the lowest correlation with GM — they tend to move on their own, which can help reduce risk when GM drops. The stock ideas table highlights individual companies that behave independently from GM.
Best Diversifiers for GM
65 ETFs have low correlation with GM (below 0.3), 5 of which are negatively correlated. The least correlated is Alpha Architect 1-3 Month Box ETF (BOXX) (Ultrashort Bond) with a 1Y correlation of -0.16, down from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect 1-3 Month Box ETF | -0.16 | -0.04 | — | 100 | Ultrashort Bond | GM vs BOXX | |
| WisdomTree Floating Rate Treasury Fund | -0.12 | -0.02 | -0.03 | 100 | Government Bonds, Ultrashort Bond | GM vs USFR | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.05 | 0.04 | 0.08 | 83 | Inflation-Protected Bonds | GM vs VTIP | |
| iShares 0-5 Year TIPS Bond ETF | -0.05 | 0.05 | 0.07 | 85 | Inflation-Protected Bonds | GM vs STIP | |
| iShares 0-3 Month Treasury Bond ETF | -0.05 | -0.05 | -0.01 | 100 | Ultrashort Bond | GM vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GM and solid risk/return profiles. The least correlated is Petróleo Brasileiro S.A. - Petrobras (PBR) (Energy) with a 1Y correlation of -0.11, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Petróleo Brasileiro S.A. - Petrobras | -0.11 | 0.07 | 0.12 | 75 | Energy | |
| Altria Group, Inc. | -0.09 | 0.08 | 0.16 | 72 | Consumer Defensive | |
| Cboe Global Markets, Inc. | -0.09 | -0.10 | 0.04 | 55 | Financial Services | |
| Chevron Corporation | -0.08 | 0.17 | 0.26 | 70 | Energy | |
| Exxon Mobil Corporation | -0.06 | 0.17 | 0.26 | 72 | Energy |
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Build a portfolio that complements GM
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