Looking to diversify beyond GSWO? The ETFs below have the lowest correlation with GSWO — 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 GSWO.
Best Diversifiers for GSWO
256 ETFs have low correlation with GSWO (below 0.3), 40 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.32, down from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | -0.17 | -0.16 | 63 | Leveraged Currency | GSWO vs YCS | |
| United States Gasoline Fund LP | -0.32 | -0.11 | 0.01 | 55 | Oil & Gas | GSWO vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | -0.16 | -0.16 | 97 | Inflation-Protected Bonds | GSWO vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | GSWO vs IBIC | |
| Direxion Daily NFLX Bear 1X Shares | -0.16 | -0.28 | -0.28 | 55 | Inverse Equities | GSWO vs NFXS |
See all 1942 diversifiers for GSWO
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