Looking to diversify beyond GTIP? The ETFs below have historically moved differently from GTIP, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GTIP
1811 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 -0.38, roughly unchanged from -0.43 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.45 | -0.43 | 59 | Leveraged Currency | GTIP vs YCS | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.29 | -0.46 | -0.43 | 51 | Nontraditional Bonds | GTIP vs RISR | |
| Invesco DB Energy Fund | -0.21 | -0.10 | 0.01 | 66 | Oil & Gas | GTIP vs DBE | |
| Fidelity Managed Futures ETF | -0.21 | — | — | 85 | Systematic Trend, Actively Managed | GTIP vs FFUT | |
| United States Gasoline Fund, LP | -0.19 | -0.09 | 0.02 | 83 | Oil & Gas | GTIP vs UGA |
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