Looking to diversify beyond GVAL? The ETFs below have the lowest correlation with GVAL — 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 GVAL.
Best Diversifiers for GVAL
334 ETFs have low correlation with GVAL (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.24 | -0.18 | 61 | Leveraged Currency | GVAL vs YCS | |
| United States Oil Fund LP | -0.29 | 0.01 | 0.15 | 66 | Oil & Gas | GVAL vs USO | |
| United States Brent Oil Fund LP | -0.28 | 0.01 | 0.14 | 65 | Oil & Gas | GVAL vs BNO | |
| Invesco DB Energy Fund | -0.27 | 0.01 | 0.15 | 71 | Oil & Gas | GVAL vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.27 | -0.03 | -0.03 | 56 | Derivative Income | GVAL vs USOY |
See all 2116 diversifiers for GVAL
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements GVAL
Add GVAL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GVAL