Looking to diversify beyond GPZ? The ETFs below have historically moved differently from GPZ, 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 GPZ
439 ETFs have low correlation with GPZ (below 0.3), 86 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 | -0.39 | — | — | 51 | Cryptocurrency | GPZ vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.39 | — | — | 69 | Derivative Income | GPZ vs WNTR | |
| Invesco DB Energy Fund | -0.27 | -0.27 | -0.27 | 66 | Oil & Gas | GPZ vs DBE | |
| Invesco DB Oil Fund | -0.23 | — | — | 51 | Oil & Gas | GPZ vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | GPZ vs IBIC |
See all 2283 diversifiers for GPZ
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