Looking to diversify beyond GTIP? The ETFs below have the lowest correlation with GTIP — 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 GTIP.
Best Diversifiers for GTIP
1727 ETFs have low correlation with GTIP (below 0.3), 107 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.44 | -0.43 | 61 | Leveraged Currency | GTIP vs YCS | |
| United States Gasoline Fund LP | -0.22 | -0.08 | 0.02 | 69 | Oil & Gas | GTIP vs UGA | |
| Invesco DB Energy Fund | -0.21 | -0.10 | 0.01 | 71 | Oil & Gas | GTIP vs DBE | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -0.20 | — | — | 64 | Commodities | GTIP vs USOI | |
| Invesco DB Oil Fund | -0.20 | -0.09 | 0.01 | 65 | Oil & Gas | GTIP vs DBO |
See all 2114 diversifiers for GTIP
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