Looking to diversify beyond GMOC? The ETFs below have historically moved differently from GMOC, 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 GMOC
6 ETFs have low correlation with GMOC (below 0.3), 3 of which are negatively correlated. The least correlated is BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) (Government Bonds) with a 1Y correlation of -0.09, roughly unchanged from -0.09 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BondBloxx Bloomberg Six Month Target Duration US T... | -0.09 | -0.09 | — | 100 | Government Bonds, Ultrashort Bond | GMOC vs XHLF | |
| Vanguard Ultra-Short Treasury ETF | -0.03 | -0.03 | — | 100 | Ultrashort Bond, Government Bonds | GMOC vs VGUS | |
| iShares Treasury Floating Rate Bond ETF | -0.00 | -0.00 | -0.00 | 100 | Government Bonds, Ultrashort Bond | GMOC vs TFLO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.02 | 0.02 | 0.02 | 100 | Government Bonds, Ultrashort Bond | GMOC vs BIL | |
| American Century Multisector Floating Income ETF | 0.08 | 0.08 | 0.08 | 98 | Ultrashort Bond | GMOC vs FUSI |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GMOC
Add GMOC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GMOC