Looking to diversify beyond GUNR? The ETFs below have historically moved differently from GUNR, 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 GUNR
697 ETFs have low correlation with GUNR (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.29, roughly unchanged from -0.22 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.29 | -0.22 | — | 61 | Cryptocurrency | GUNR vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.28 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | GUNR vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.26 | — | — | 61 | Inverse Equities, Leveraged Equities | GUNR vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.26 | — | — | 52 | Inverse Equities | GUNR vs SMST | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.23 | — | — | 75 | Derivative Income | GUNR vs WNTR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for GUNR, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Visa Inc. (V) (Financial Services) with a 1Y correlation of -0.04, down from 0.27 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Visa Inc. | -0.04 | 0.14 | 0.27 | 53 | Financial Services | |
| Chubb Limited | -0.02 | 0.12 | 0.28 | 89 | Financial Services | |
| Berkshire Hathaway Inc. | 0.00 | 0.23 | 0.40 | 61 | Financial Services | |
| Eli Lilly and Company | 0.01 | 0.08 | 0.10 | 83 | Healthcare | |
| Altria Group, Inc. | 0.03 | 0.15 | 0.25 | 66 | Consumer Defensive |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements GUNR
Add GUNR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GUNR