Looking to diversify beyond GMUB? The ETFs below have historically moved differently from GMUB, 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 GMUB
1821 ETFs have low correlation with GMUB (below 0.3), 96 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | — | — | 66 | Oil & Gas | GMUB vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.29 | — | — | 61 | Commodities | GMUB vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.29 | — | — | 68 | Commodities | GMUB vs DBC | |
| Invesco DB Oil Fund | -0.28 | -0.22 | -0.22 | 51 | Oil & Gas | GMUB vs DBO | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.28 | — | — | 70 | Commodities | GMUB vs PDBC |
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