Looking to diversify beyond GPRF? The ETFs below have historically moved differently from GPRF, 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 GPRF
509 ETFs have low correlation with GPRF (below 0.3), 92 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.28 | — | — | 51 | Cryptocurrency | GPRF vs BITI | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.26 | -0.18 | -0.18 | 51 | Nontraditional Bonds | GPRF vs RISR | |
| Invesco DB Energy Fund | -0.25 | — | — | 66 | Oil & Gas | GPRF vs DBE | |
| MicroSectors Energy 3X Leveraged ETN | -0.25 | -0.00 | -0.00 | 55 | Leveraged Equities | GPRF vs WTIU | |
| Strive U.S. Energy ETF | -0.24 | 0.01 | 0.01 | 68 | Energy Equities | GPRF vs DRLL |
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