Looking to diversify beyond GTOH? The ETFs below have the lowest correlation with GTOH — 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 GTOH.
Best Diversifiers for GTOH
206 ETFs have low correlation with GTOH (below 0.3), 70 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.36 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.42 | -0.36 | — | 51 | Currency | GTOH vs UUP | |
| Proshares Ultrashort Bitcoin ETF | -0.42 | -0.32 | -0.32 | 52 | Cryptocurrency, Leveraged Cryptocurrency | GTOH vs SBIT | |
| ProShares Short Bitcoin ETF | -0.42 | -0.28 | -0.27 | 57 | Cryptocurrency | GTOH vs BITI | |
| Defiance Daily Target 2X Short MSTR ETF | -0.42 | — | — | 60 | Inverse Equities | GTOH vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 68 | Inverse Equities, Leveraged Equities | GTOH vs MSTZ |
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