Looking to diversify beyond GTOQ? The ETFs below have the lowest correlation with GTOQ — 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 GTOQ.
Best Diversifiers for GTOQ
179 ETFs have low correlation with GTOQ (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.39, down from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.39 | -0.22 | -0.23 | 73 | Leveraged Currency | GTOQ vs YCS | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | -0.41 | -0.41 | 51 | Derivative Income | GTOQ vs WNTR | |
| United States Gasoline Fund LP | -0.33 | -0.06 | 0.03 | 60 | Oil & Gas | GTOQ vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | GTOQ vs RBIL | |
| VanEck Commodity Strategy ETF | -0.18 | 0.01 | — | 59 | Commodities | GTOQ vs PIT |
See all 1938 diversifiers for GTOQ
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