Looking to diversify beyond GMAR? The ETFs below have the lowest correlation with GMAR — 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 GMAR.
Best Diversifiers for GMAR
386 ETFs have low correlation with GMAR (below 0.3), 77 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 -0.45 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 | -0.45 | -0.45 | 56 | Inverse Equities | GMAR vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | -0.43 | -0.43 | 65 | Inverse Equities, Leveraged Equities | GMAR vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.41 | — | — | 70 | Derivative Income | GMAR vs WNTR | |
| ProShares Short Bitcoin ETF | -0.40 | -0.31 | -0.29 | 53 | Cryptocurrency | GMAR vs BITI | |
| Invesco DB Energy Fund | -0.28 | -0.08 | -0.05 | 57 | Oil & Gas | GMAR vs DBE |
See all 2060 diversifiers for GMAR
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