Looking to diversify beyond GSLC? The ETFs below have the lowest correlation with GSLC — 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 GSLC.
Best Diversifiers for GSLC
346 ETFs have low correlation with GSLC (below 0.3), 69 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.48 | — | — | 60 | Inverse Equities | GSLC vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.48 | — | — | 68 | Inverse Equities, Leveraged Equities | GSLC vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.44 | — | — | 70 | Derivative Income | GSLC vs WNTR | |
| Proshares Ultrashort Bitcoin ETF | -0.44 | -0.42 | -0.42 | 52 | Cryptocurrency, Leveraged Cryptocurrency | GSLC vs SBIT | |
| ProShares Short Bitcoin ETF | -0.44 | -0.37 | -0.38 | 57 | Cryptocurrency | GSLC vs BITI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GSLC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GSLC and solid risk/return profiles. The least correlated is Welltower Inc. (WELL) (Real Estate) with a 1Y correlation of -0.02, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | -0.02 | 0.21 | 0.33 | 92 | Real Estate | |
| Berkshire Hathaway Inc. | 0.13 | 0.32 | 0.47 | 53 | Financial Services | |
| Apple Inc | 0.49 | 0.53 | 0.67 | 91 | Technology | |
| Broadcom Inc. | 0.54 | 0.61 | 0.67 | 71 | Technology | |
| Alphabet Inc. Class A | 0.56 | 0.57 | 0.66 | 96 | Communication Services |
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