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
1537 ETFs have low correlation with GTIP (below 0.3), 54 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.41, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.41 | -0.43 | -0.43 | 63 | Leveraged Currency | GTIP vs YCS | |
| United States Gasoline Fund LP | -0.22 | -0.07 | 0.02 | 55 | Oil & Gas | GTIP vs UGA | |
| iShares Enhanced Short-Term Bond Active ETF | -0.18 | — | — | 99 | Ultrashort Bond | GTIP vs CSHP | |
| Fidelity Managed Futures ETF | -0.18 | — | — | 64 | Systematic Trend | GTIP vs FFUT | |
| Bastion Energy ETF | -0.18 | — | — | 84 | Energy Equities | GTIP vs BESF |
See all 1949 diversifiers for GTIP
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