Looking to diversify beyond GPTY? The ETFs below have the lowest correlation with GPTY — 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 GPTY.
Best Diversifiers for GPTY
17 ETFs have low correlation with GPTY (below 0.3), 5 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | -0.19 | — | — | 56 | Derivative Income | GPTY vs USOY | |
| Global X Enhanced Canadian Oil and Gas Equity Cove... | -0.10 | 0.08 | 0.08 | 86 | Oil & Gas, Derivative Income | GPTY vs ENCL.TO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.06 | — | — | 100 | Government Bonds, Ultrashort Bond | GPTY vs BIL | |
| Roundhill Weekly T-Bill ETF | -0.05 | — | — | 99 | Ultrashort Bond | GPTY vs WEEK | |
| CI Energy Giants Covered Call ETF Common Units (CA... | -0.03 | — | — | 72 | Energy Equities, Derivative Income | GPTY vs NXF.TO |
See all 67 diversifiers for GPTY
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