Looking to diversify beyond GPTY? The ETFs below have historically moved differently from GPTY, 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 GPTY
329 ETFs have low correlation with GPTY (below 0.3), 104 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 | -0.50 | — | — | 61 | Cryptocurrency | GPTY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.50 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | GPTY vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 61 | Inverse Equities, Leveraged Equities | GPTY vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.48 | — | — | 75 | Derivative Income | GPTY vs WNTR | |
| Alpha Architect Tail Risk ETF | -0.30 | — | — | 56 | Options Trading | GPTY vs CAOS |
See all 1111 diversifiers for GPTY
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