Looking to diversify beyond GMAR? The ETFs below have historically moved differently from GMAR, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GMAR
414 ETFs have low correlation with GMAR (below 0.3), 90 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.43 | — | — | 69 | Derivative Income | GMAR vs WNTR | |
| ProShares Short Bitcoin ETF | -0.42 | -0.31 | — | 51 | Cryptocurrency | GMAR vs BITI | |
| Invesco DB Energy Fund | -0.30 | -0.09 | — | 66 | Oil & Gas | GMAR vs DBE | |
| Invesco DB Oil Fund | -0.27 | -0.07 | -0.04 | 51 | Oil & Gas | GMAR vs DBO | |
| United States Gasoline Fund, LP | -0.25 | -0.06 | -0.04 | 83 | Oil & Gas | GMAR vs UGA |
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