Looking to diversify beyond GSG? The ETFs below have the lowest correlation with GSG — 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 GSG.
Best Diversifiers for GSG
1993 ETFs have low correlation with GSG (below 0.3), 1885 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Avantis Credit ETF | -0.42 | — | — | 52 | Global Bonds | GSG vs AVGB | |
| iShares Yield Optimized Bond ETF | -0.39 | -0.14 | -0.04 | 55 | Intermediate Core-Plus Bond | GSG vs BYLD | |
| First Trust TCW Unconstrained Plus Bond ETF | -0.38 | -0.20 | -0.08 | 54 | Nontraditional Bonds | GSG vs UCON | |
| Avantis Short-Term Fixed Income ETF | -0.38 | -0.18 | -0.09 | 70 | Short-Term Bond | GSG vs AVSF | |
| John Hancock Mortgage Backed Securities ETF | -0.38 | -0.19 | -0.14 | 52 | Intermediate Core-Plus Bond | GSG vs JHMB |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GSG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GSG and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of -0.22, down from -0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | -0.22 | -0.07 | -0.04 | 78 | Healthcare | |
| Rolls-Royce Holdings plc | -0.20 | -0.05 | 0.07 | 75 | Industrials | |
| Apple Inc | -0.19 | -0.03 | 0.05 | 91 | Technology | |
| Diebold Nixdorf, Incorporated | -0.16 | — | — | 79 | Technology | |
| Merck & Co., Inc. | -0.14 | -0.07 | -0.01 | 89 | Healthcare |
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Build a portfolio that complements GSG
Add GSG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GSG