Looking to balance out your exposure to GPRK? The ETFs below have the lowest correlation with GPRK — they tend to move on their own, which can help reduce risk when GPRK drops. The stock ideas table highlights individual companies that behave independently from GPRK.
Best Diversifiers for GPRK
2 ETFs have low correlation with GPRK (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.01, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.01 | 0.13 | 0.23 | 70 | S&P 500 | GPRK vs VOO | |
| State Street SPDR S&P 500 ETF | 0.01 | 0.13 | 0.23 | 70 | S&P 500 | GPRK vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GPRK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GPRK and solid risk/return profiles. The least correlated is Murphy USA Inc. (MUSA) (Consumer Cyclical) with a 1Y correlation of 0.06, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Murphy USA Inc. | 0.06 | 0.04 | 0.09 | 62 | Consumer Cyclical | |
| UnitedHealth Group Incorporated | 0.07 | 0.03 | 0.10 | 61 | Healthcare | |
| Central Puerto S.A. | 0.29 | 0.26 | 0.28 | 53 | Utilities | |
| YPF Sociedad Anónima | 0.50 | 0.40 | 0.45 | 71 | Energy | |
| Ecopetrol S.A. | 0.50 | 0.56 | 0.59 | 92 | Energy |
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