Looking to diversify beyond GPZ? The ETFs below have the lowest correlation with GPZ — 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 GPZ.
Best Diversifiers for GPZ
385 ETFs have low correlation with GPZ (below 0.3), 47 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.21, roughly unchanged from -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.21 | -0.22 | -0.22 | 55 | Oil & Gas | GPZ vs UGA | |
| Breakwave Tanker Shipping ETF | -0.17 | — | — | 98 | Commodities | GPZ vs BWET | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | GPZ vs IBIC | |
| ProShares UltraShort Yen | -0.16 | — | — | 63 | Leveraged Currency | GPZ vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.16 | — | — | 97 | Inflation-Protected Bonds | GPZ vs RBIL |
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