Looking to diversify beyond GMOI? The ETFs below have historically moved differently from GMOI, 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 GMOI
313 ETFs have low correlation with GMOI (below 0.3), 44 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.39 | — | — | 59 | Leveraged Currency | GMOI vs YCS | |
| ProShares Short Bitcoin ETF | -0.36 | — | — | 51 | Cryptocurrency | GMOI vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.32 | — | — | 69 | Derivative Income | GMOI vs WNTR | |
| Invesco DB Energy Fund | -0.24 | -0.12 | -0.12 | 66 | Oil & Gas | GMOI vs DBE | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.22 | -0.09 | -0.09 | 51 | Nontraditional Bonds | GMOI vs RISR |
See all 2302 diversifiers for GMOI
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