Looking to diversify beyond GPT? The ETFs below have the lowest correlation with GPT — 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 GPT.
Best Diversifiers for GPT
431 ETFs have low correlation with GPT (below 0.3), 62 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.45, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.45 | -0.40 | -0.40 | 52 | Cryptocurrency | GPT vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 63 | Inverse Equities | GPT vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 70 | Inverse Equities, Leveraged Equities | GPT vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.38 | — | — | 73 | Derivative Income | GPT vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.28 | — | — | 56 | Multistrategy | GPT vs RSBY |
See all 2059 diversifiers for GPT
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