Looking to diversify beyond GVLE? The ETFs below have the lowest correlation with GVLE — 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 GVLE.
Best Diversifiers for GVLE
244 ETFs have low correlation with GVLE (below 0.3), 70 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.40, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.40 | -0.40 | -0.40 | 63 | Oil & Gas | GVLE vs USO | |
| United States Brent Oil Fund LP | -0.38 | -0.38 | -0.38 | 62 | Oil & Gas | GVLE vs BNO | |
| United States Gasoline Fund LP | -0.37 | -0.37 | -0.37 | 69 | Oil & Gas | GVLE vs UGA | |
| United States 12 Month Oil Fund LP | -0.35 | -0.35 | -0.35 | 53 | Oil & Gas | GVLE vs USL | |
| Return Stacked Bonds & Futures Yield ETF | -0.32 | -0.32 | -0.32 | 51 | Multistrategy | GVLE vs RSBY |
See all 1969 diversifiers for GVLE
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