Looking to diversify beyond GTOP? The ETFs below have the lowest correlation with GTOP — 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 GTOP.
Best Diversifiers for GTOP
317 ETFs have low correlation with GTOP (below 0.3), 49 of which are negatively correlated. The least correlated is Westwood Salient Enhanced Midstream Income ETF (MDST) (Energy Equities) with a 1Y correlation of -0.26, roughly unchanged from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Westwood Salient Enhanced Midstream Income ETF | -0.26 | -0.26 | -0.26 | 55 | Energy Equities | GTOP vs MDST | |
| Alerian Energy Infrastructure ETF | -0.25 | -0.25 | -0.25 | 57 | Energy Equities | GTOP vs ENFR | |
| WisdomTree Floating Rate Treasury Fund | -0.24 | -0.24 | -0.24 | 100 | Government Bonds, Ultrashort Bond | GTOP vs USFR | |
| First Trust North American Energy Infrastructure F... | -0.23 | -0.23 | -0.23 | 70 | MLPs | GTOP vs EMLP | |
| USCF Midstream Energy Income Fund ETF | -0.23 | -0.23 | -0.23 | 62 | Energy Equities | GTOP vs UMI |
See all 1917 diversifiers for GTOP
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GTOP
Add GTOP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GTOP