Looking to diversify beyond GMUN? The ETFs below have the lowest correlation with GMUN — 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 GMUN.
Best Diversifiers for GMUN
1736 ETFs have low correlation with GMUN (below 0.3), 55 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.29, roughly unchanged from -0.38 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.29 | -0.38 | — | 61 | Leveraged Currency | GMUN vs YCS | |
| Bastion Energy ETF | -0.28 | — | — | 75 | Energy Equities | GMUN vs BESF | |
| VanEck Commodity Strategy ETF | -0.22 | -0.10 | — | 55 | Commodities | GMUN vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.22 | -0.08 | — | 70 | Commodities | GMUN vs FAAR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | -0.14 | -0.14 | 97 | Inflation-Protected Bonds | GMUN vs RBIL |
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