Looking to diversify beyond GSG? The ETFs below have historically moved differently from GSG, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GSG
2203 ETFs have low correlation with GSG (below 0.3), 2110 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Astoria Dynamic Core US Fixed Income ETF | -0.41 | — | — | 50 | Multisector Bonds | GSG vs AGGA | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | -0.41 | -0.13 | — | 55 | Emerging Markets Bonds | GSG vs BEMB | |
| Global X Short-Term Treasury Ladder ETF | -0.40 | — | — | 81 | Government Bonds, Short-Term Bond | GSG vs SLDR | |
| Avantis Short-Term Fixed Income ETF | -0.40 | -0.19 | -0.09 | 58 | Short-Term Bond | GSG vs AVSF | |
| WisdomTree Yield Enhanced U.S. Short-Term Aggregat... | -0.40 | -0.19 | -0.10 | 59 | Short-Term Bond | GSG vs SHAG |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for GSG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of -0.22, down from -0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | -0.22 | -0.08 | -0.04 | 79 | Healthcare | |
| Apple Inc | -0.21 | -0.03 | 0.04 | 90 | Technology | |
| Rolls-Royce Holdings plc | -0.21 | -0.06 | 0.06 | 77 | Industrials | |
| Diebold Nixdorf, Incorporated | -0.17 | — | — | 77 | Technology | |
| Berkshire Hathaway Inc. | -0.14 | -0.06 | 0.10 | 61 | Financial Services |
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Build a portfolio that complements GSG
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