Looking to diversify beyond GNOV? The ETFs below have historically moved differently from GNOV, 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 GNOV
380 ETFs have low correlation with GNOV (below 0.3), 71 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.41 | — | — | 58 | Derivative Income | GNOV vs WNTR | |
| Invesco DB Energy Fund | -0.33 | -0.10 | -0.10 | 54 | Oil & Gas | GNOV vs DBE | |
| United States Gasoline Fund, LP | -0.24 | -0.07 | -0.07 | 72 | Oil & Gas | GNOV vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | GNOV vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.22 | -0.02 | -0.02 | 51 | Commodities | GNOV vs GSG |
See all 2128 diversifiers for GNOV
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