Looking to diversify beyond GRID? The ETFs below have the lowest correlation with GRID — 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 GRID.
Best Diversifiers for GRID
331 ETFs have low correlation with GRID (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.25, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.25 | -0.13 | -0.10 | 63 | Leveraged Currency | GRID vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | — | — | 97 | Inflation-Protected Bonds | GRID vs RBIL | |
| United States Gasoline Fund LP | -0.22 | -0.05 | 0.06 | 55 | Oil & Gas | GRID vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | GRID vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.17 | — | — | 95 | Inflation-Protected Bonds | GRID vs IBID |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GRID, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GRID and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.18, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.18 | 0.04 | 0.17 | 65 | Energy | |
| Exxon Mobil Corporation | -0.18 | 0.06 | 0.19 | 72 | Energy | |
| Altria Group, Inc. | -0.17 | 0.01 | 0.11 | 72 | Consumer Defensive | |
| Chevron Corporation | -0.16 | 0.08 | 0.22 | 70 | Energy | |
| The Coca-Cola Company | -0.16 | 0.02 | 0.17 | 74 | Consumer Defensive |
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Build a portfolio that complements GRID
Add GRID to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GRID