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
1661 ETFs have low correlation with GMNY (below 0.3), 47 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | — | — | 61 | Leveraged Currency | GMNY vs YCS | |
| Fidelity Managed Futures ETF | -0.21 | — | — | 64 | Systematic Trend | GMNY vs FFUT | |
| Bastion Energy ETF | -0.21 | -0.21 | -0.21 | 75 | Energy Equities | GMNY vs BESF | |
| First Trust Alternative Absolute Return Strategy E... | -0.20 | — | — | 70 | Commodities | GMNY vs FAAR | |
| VanEck Commodity Strategy ETF | -0.20 | — | — | 55 | Commodities | GMNY vs PIT |
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