Looking to balance out your exposure to GRIN? The ETFs below have the lowest correlation with GRIN — they tend to move on their own, which can help reduce risk when GRIN drops. The stock ideas table highlights individual companies that behave independently from GRIN.
Best Diversifiers for GRIN
1 ETFs have low correlation with GRIN (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.23, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.23 | 0.23 | 0.23 | 80 | Dividend | GRIN vs SCHD |
Diversification Analysis
Build a portfolio that complements GRIN
Add GRIN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GRIN