Looking to diversify beyond GSEU? The ETFs below have the lowest correlation with GSEU — 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 GSEU.
Best Diversifiers for GSEU
233 ETFs have low correlation with GSEU (below 0.3), 58 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, down from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.27 | -0.21 | 75 | Leveraged Currency | GSEU vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.34 | -0.32 | -0.32 | 53 | Inverse Equities | GSEU vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.34 | -0.31 | -0.31 | 60 | Inverse Equities, Leveraged Equities | GSEU vs MSTZ | |
| United States Gasoline Fund LP | -0.32 | -0.12 | 0.03 | 72 | Oil & Gas | GSEU vs UGA | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.31 | — | — | 65 | Derivative Income | GSEU vs WNTR |
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