Looking to diversify beyond GSEP? The ETFs below have the lowest correlation with GSEP — 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 GSEP.
Best Diversifiers for GSEP
340 ETFs have low correlation with GSEP (below 0.3), 50 of which are negatively correlated. The least correlated is Defiance Daily Target 2X Short MSTR ETF (SMST) (Inverse Equities) with a 1Y correlation of -0.47, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.47 | -0.45 | -0.45 | 53 | Inverse Equities | GSEP vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.46 | -0.45 | -0.45 | 60 | Inverse Equities, Leveraged Equities | GSEP vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 65 | Derivative Income | GSEP vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.22 | — | — | 51 | Multistrategy | GSEP vs RSBY | |
| United States Gasoline Fund LP | -0.22 | — | — | 72 | Oil & Gas | GSEP vs UGA |
See all 2048 diversifiers for GSEP
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