Looking to diversify beyond GMNY? The ETFs below have the lowest correlation with GMNY — 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 GMNY.
Best Diversifiers for GMNY
1600 ETFs have low correlation with GMNY (below 0.3), 75 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.34 | — | — | 75 | Leveraged Currency | GMNY vs YCS | |
| United States Gasoline Fund LP | -0.27 | — | — | 72 | Oil & Gas | GMNY vs UGA | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.27 | -0.21 | -0.21 | 51 | Commodities | GMNY vs PDBC | |
| Bastion Energy ETF | -0.27 | — | — | 86 | Energy Equities | GMNY vs BESF | |
| Fidelity Managed Futures ETF | -0.23 | — | — | 66 | Systematic Trend | GMNY vs FFUT |
See all 2051 diversifiers for GMNY
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Diversification Analysis
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