Looking to diversify beyond GOP? The ETFs below have the lowest correlation with GOP — 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 GOP.
Best Diversifiers for GOP
1 ETFs have low correlation with GOP (below 0.3), 0 of which are negatively correlated. The least correlated is Avantis Inflation Focused Equity ETF (AVIE) (Large Cap Blend Equities) with a 1Y correlation of 0.27, down from 0.53 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Inflation Focused Equity ETF | 0.27 | 0.53 | — | 94 | Large Cap Blend Equities | GOP vs AVIE | |
| SonicShares Global Shipping ETF | 0.31 | 0.32 | — | 90 | Transportation Equities | GOP vs BOAT | |
| Azoria 500 Meritocracy ETF | 0.39 | — | — | 61 | Large Cap Blend Equities | GOP vs SPXM | |
| Return Stacked US Stocks & Futures Yield ETF | 0.48 | — | — | 93 | Large Cap Blend Equities | GOP vs RSSY | |
| 6 Meridian Mega Cap Equity ETF | 0.50 | 0.69 | — | 85 | Large Cap Blend Equities | GOP vs SIXA |
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