Looking to diversify beyond GUMI? The ETFs below have the lowest correlation with GUMI — 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 GUMI.
Best Diversifiers for GUMI
1941 ETFs have low correlation with GUMI (below 0.3), 149 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Managed Futures Active ETF | -0.11 | — | — | 89 | Systematic Trend | GUMI vs ISMF | |
| Direxion Daily NFLX Bear 1X Shares | -0.09 | -0.07 | -0.07 | 55 | Inverse Equities | GUMI vs NFXS | |
| iShares MSCI Poland ETF | -0.08 | -0.03 | -0.03 | 52 | Europe Equities | GUMI vs EPOL | |
| First Trust Merger Arbitrage ETF | -0.08 | — | — | 59 | Long-Short | GUMI vs MARB | |
| iShares U.S. Telecommunications ETF | -0.07 | — | — | 87 | Communications Equities | GUMI vs IYZ |
See all 1941 diversifiers for GUMI
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Diversification Analysis
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