Looking to diversify beyond GSIB? The ETFs below have the lowest correlation with GSIB — 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 GSIB.
Best Diversifiers for GSIB
393 ETFs have low correlation with GSIB (below 0.3), 76 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.39 | — | — | 51 | Currency | GSIB vs UUP | |
| Proshares Ultrashort Bitcoin ETF | -0.32 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | GSIB vs SBIT | |
| ProShares Short Bitcoin ETF | -0.32 | — | — | 57 | Cryptocurrency | GSIB vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | — | — | 68 | Inverse Equities, Leveraged Equities | GSIB vs MSTZ | |
| Return Stacked Bonds & Futures Yield ETF | -0.29 | — | — | 51 | Multistrategy | GSIB vs RSBY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GSIB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GSIB and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.08 | — | — | 83 | Consumer Defensive | |
| The Southern Company | -0.03 | — | — | 58 | Utilities | |
| Coca-Cola Consolidated, Inc. | -0.00 | — | — | 83 | Consumer Defensive | |
| Johnson & Johnson | 0.03 | 0.12 | 0.12 | 97 | Healthcare | |
| Eli Lilly and Company | 0.11 | 0.14 | 0.14 | 80 | Healthcare |
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Build a portfolio that complements GSIB
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