Looking to balance out your exposure to GNT? The ETFs below have the lowest correlation with GNT — they tend to move on their own, which can help reduce risk when GNT drops. The stock ideas table highlights individual companies that behave independently from GNT.
Best Diversifiers for GNT
0 ETFs have low correlation with GNT (below 0.3), 0 of which are negatively correlated. The least correlated is NEOS S&P 500 High Income ETF (SPYI) (Derivative Income) with a 1Y correlation of 0.33, roughly unchanged from 0.30 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| NEOS S&P 500 High Income ETF | 0.33 | 0.30 | — | 71 | Derivative Income, S&P 500 | GNT vs SPYI | |
| State Street SPDR S&P 500 ETF | 0.34 | 0.32 | 0.36 | 70 | S&P 500 | GNT vs SPY | |
| iMGP DBi Managed Futures Strategy ETF | 0.37 | 0.24 | 0.12 | 83 | Systematic Trend | GNT vs DBMF |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GNT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GNT and solid risk/return profiles. The least correlated is Warner Bros. Discovery, Inc. (WBD) (Communication Services) with a 1Y correlation of 0.09, down from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Warner Bros. Discovery, Inc. | 0.09 | 0.21 | 0.25 | 97 | Communication Services | |
| Cisco Systems, Inc. | 0.12 | 0.21 | 0.27 | 95 | Technology | |
| Intel Corporation | 0.17 | 0.18 | 0.25 | 98 | Technology | |
| Uniti Group Inc. | 0.20 | 0.27 | 0.28 | 66 | Real Estate | |
| Reaves Utility Income Trust | 0.24 | 0.28 | 0.32 | 78 | Financial Services |
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