Looking to diversify beyond GSIG? The ETFs below have the lowest correlation with GSIG — 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 GSIG.
Best Diversifiers for GSIG
919 ETFs have low correlation with GSIG (below 0.3), 89 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.53, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.53 | -0.49 | -0.51 | 63 | Leveraged Currency | GSIG vs YCS | |
| Invesco DB Oil Fund | -0.42 | -0.20 | -0.11 | 65 | Oil & Gas | GSIG vs DBO | |
| Invesco DB Energy Fund | -0.41 | -0.20 | -0.11 | 71 | Oil & Gas | GSIG vs DBE | |
| United States Gasoline Fund LP | -0.41 | -0.21 | -0.11 | 71 | Oil & Gas | GSIG vs UGA | |
| Defiance Oil Enhanced Options Income ETF | -0.41 | — | — | 56 | Derivative Income | GSIG vs USOY |
See all 2181 diversifiers for GSIG
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