Looking to diversify beyond GSUI? The ETFs below have the lowest correlation with GSUI — 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 GSUI.
Best Diversifiers for GSUI
950 ETFs have low correlation with GSUI (below 0.3), 57 of which are negatively correlated. The least correlated is ProShares Ultra Bloomberg Crude Oil (UCO) (Leveraged Commodities) 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 |
|---|---|---|---|---|---|---|---|
| ProShares Ultra Bloomberg Crude Oil | -0.23 | -0.23 | -0.23 | 54 | Leveraged Commodities | GSUI vs UCO | |
| Defiance Oil Enhanced Options Income ETF | -0.22 | -0.22 | -0.22 | 56 | Derivative Income | GSUI vs USOY | |
| United States 12 Month Oil Fund LP | -0.21 | -0.21 | -0.21 | 56 | Oil & Gas | GSUI vs USL | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -0.20 | -0.20 | -0.20 | 64 | Commodities | GSUI vs USOI | |
| First Trust Alternative Absolute Return Strategy E... | -0.20 | -0.20 | -0.20 | 90 | Commodities | GSUI vs FAAR |
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