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
1192 ETFs have low correlation with GSIG (below 0.3), 79 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.48, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.48 | -0.49 | -0.51 | 72 | Leveraged Currency | GSIG vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.46 | -0.45 | -0.42 | 51 | Currency | GSIG vs UUP | |
| United States Gasoline Fund LP | -0.37 | -0.20 | -0.11 | 78 | Oil & Gas | GSIG vs UGA | |
| Invesco DB Energy Fund | -0.35 | -0.19 | -0.11 | 53 | Oil & Gas | GSIG vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.30 | -0.14 | -0.07 | 51 | Commodities | GSIG vs GSG |
See all 2038 diversifiers for GSIG
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Diversification Analysis
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