Looking to balance out your exposure to GME? The ETFs below have the lowest correlation with GME — they tend to move on their own, which can help reduce risk when GME drops. The stock ideas table highlights individual companies that behave independently from GME.
Best Diversifiers for GME
201 ETFs have low correlation with GME (below 0.3), 9 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.12, roughly unchanged from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.04 | -0.04 | 100 | Ultrashort Bond | GME vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.08 | -0.07 | -0.02 | 100 | Government Bonds, Ultrashort Bond | GME vs BIL | |
| PIMCO Enhanced Short Maturity Active ETF | -0.05 | -0.04 | 0.00 | 100 | Ultrashort Bond | GME vs MINT | |
| F/m US Treasury 3 Month Bill ETF | -0.04 | 0.00 | 0.01 | 100 | Ultrashort Bond | GME vs TBIL | |
| Global X MLP & Energy Infrastructure ETF | -0.04 | 0.18 | 0.23 | 55 | MLPs | GME vs MLPX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GME, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GME and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.14, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.14 | -0.02 | 0.04 | 74 | Consumer Defensive | |
| Chubb Limited | -0.09 | -0.03 | 0.06 | 69 | Financial Services | |
| Duke Energy Corporation | -0.07 | -0.02 | 0.01 | 62 | Utilities | |
| Howmet Aerospace Inc. | -0.06 | 0.11 | 0.21 | 85 | Industrials | |
| Altria Group, Inc. | -0.05 | 0.01 | 0.07 | 72 | Consumer Defensive |
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