Looking to diversify beyond GRNI? The ETFs below have the lowest correlation with GRNI — 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 GRNI.
Best Diversifiers for GRNI
319 ETFs have low correlation with GRNI (below 0.3), 80 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.36, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.36 | -0.36 | -0.36 | 71 | Oil & Gas | GRNI vs DBE | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.30 | -0.30 | -0.30 | 98 | Inflation-Protected Bonds | GRNI vs RBIL | |
| ProShares Ultra Bloomberg Crude Oil | -0.30 | -0.30 | -0.30 | 54 | Leveraged Commodities | GRNI vs UCO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.29 | -0.29 | -0.29 | 55 | Oil & Gas | GRNI vs OILK | |
| DoubleLine Commodity Strategy ETF | -0.24 | -0.24 | -0.24 | 76 | Commodities | GRNI vs DCMT |
See all 2078 diversifiers for GRNI
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