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Looking to diversify beyond GRPM? The ETFs below have the lowest correlation with GRPM — 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 GRPM.

Best Diversifiers for GRPM

344 ETFs have low correlation with GRPM (below 0.3), 31 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.18, down from -0.03 over 5 years.


See all 2077 diversifiers for GRPM

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from GRPM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GRPM and solid risk/return profiles. The least correlated is Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of 0.25, down from 0.42 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Amazon.com, Inc0.250.320.42
52
Consumer Cyclical
Apple Inc0.320.340.48
88
Technology
Taiwan Semiconductor Manufacturing Company Limited0.360.420.49
95
Technology

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Diversification Analysis

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