Looking to diversify beyond GSGO? The ETFs below have the lowest correlation with GSGO — 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 GSGO.
Best Diversifiers for GSGO
275 ETFs have low correlation with GSGO (below 0.3), 45 of which are negatively correlated. The least correlated is Alerian Energy Infrastructure ETF (ENFR) (Energy Equities) with a 1Y correlation of -0.23, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alerian Energy Infrastructure ETF | -0.23 | -0.23 | -0.23 | 50 | Energy Equities | GSGO vs ENFR | |
| USCF Midstream Energy Income Fund ETF | -0.20 | -0.20 | -0.20 | 54 | Energy Equities | GSGO vs UMI | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.20 | -0.20 | -0.20 | 65 | Large Cap Value Equities, Dividend | GSGO vs FDL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.20 | -0.20 | -0.20 | 95 | Inflation-Protected Bonds | GSGO vs IBID | |
| VanEck Commodity Strategy ETF | -0.18 | -0.18 | -0.18 | 55 | Commodities | GSGO vs PIT |
See all 2046 diversifiers for GSGO
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Diversification Analysis
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