Looking to diversify beyond GRID? The ETFs below have historically moved differently from GRID, 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 GRID
493 ETFs have low correlation with GRID (below 0.3), 84 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.38 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.38 | — | 51 | Cryptocurrency | GRID vs BITI | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.36 | — | — | 69 | Derivative Income | GRID vs WNTR | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.23 | -0.14 | -0.12 | 51 | Nontraditional Bonds | GRID vs RISR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | GRID vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | — | — | 97 | Inflation-Protected Bonds | GRID vs RBIL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for GRID, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.27, down from 0.07 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.27 | -0.05 | 0.07 | 66 | Consumer Defensive | |
| Chubb Limited | -0.26 | -0.00 | 0.19 | 87 | Financial Services | |
| The Coca-Cola Company | -0.26 | -0.03 | 0.15 | 87 | Consumer Defensive | |
| Colgate-Palmolive Company | -0.21 | -0.04 | 0.08 | 57 | Consumer Defensive | |
| Duke Energy Corporation | -0.20 | -0.01 | 0.09 | 52 | Utilities |
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