Looking to diversify beyond GRW? The ETFs below have the lowest correlation with GRW — 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 GRW.
Best Diversifiers for GRW
343 ETFs have low correlation with GRW (below 0.3), 119 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of -0.57, roughly unchanged from -0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | -0.57 | -0.57 | -0.57 | 50 | Energy Equities | GRW vs XLE | |
| Westwood Salient Enhanced Energy Income ETF | -0.56 | -0.56 | -0.56 | 53 | Energy Equities | GRW vs WEEI | |
| Vanguard Energy ETF | -0.55 | -0.55 | -0.55 | 51 | Energy Equities | GRW vs VDE | |
| Fidelity MSCI Energy Index ETF | -0.55 | -0.55 | -0.55 | 51 | Energy Equities | GRW vs FENY | |
| iShares U.S. Energy ETF | -0.54 | -0.54 | -0.54 | 51 | Energy Equities | GRW vs IYE |
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