Looking to balance out your exposure to GSBC? The ETFs below have the lowest correlation with GSBC — they tend to move on their own, which can help reduce risk when GSBC drops. The stock ideas table highlights individual companies that behave independently from GSBC.
No Diversifiers Found for GSBC
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GSBC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GSBC and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of 0.08, roughly unchanged from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | 0.08 | 0.12 | 0.17 | 69 | Consumer Defensive | |
| Banco Macro S.A. | 0.12 | 0.16 | 0.20 | 70 | Financial Services | |
| Brighthouse Financial, Inc. | 0.16 | 0.40 | 0.48 | 75 | Financial Services | |
| The Charles Schwab Corporation | 0.21 | 0.38 | 0.43 | 59 | Financial Services | |
| Visa Inc. | 0.22 | 0.21 | 0.27 | 50 | Financial Services |
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