Looking to balance out your exposure to GRFS? The ETFs below have the lowest correlation with GRFS — they tend to move on their own, which can help reduce risk when GRFS drops. The stock ideas table highlights individual companies that behave independently from GRFS.
No Diversifiers Found for GRFS
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GRFS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GRFS and solid risk/return profiles. The least correlated is UnitedHealth Group Incorporated (UNH) (Healthcare) with a 1Y correlation of 0.09, roughly unchanged from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| UnitedHealth Group Incorporated | 0.09 | 0.01 | 0.10 | 61 | Healthcare | |
| Fortinet, Inc. | 0.10 | 0.13 | 0.20 | 66 | Technology | |
| Johnson & Johnson | 0.13 | 0.11 | 0.16 | 92 | Healthcare | |
| Eli Lilly and Company | 0.14 | 0.13 | 0.13 | 72 | Healthcare | |
| AbbVie Inc. | 0.15 | 0.13 | 0.17 | 62 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GRFS
Add GRFS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GRFS