Looking to diversify beyond GXC? The ETFs below have the lowest correlation with GXC — 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 GXC.
Best Diversifiers for GXC
542 ETFs have low correlation with GXC (below 0.3), 44 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.33 | — | — | 53 | Inverse Equities | GXC vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | — | — | 60 | Inverse Equities, Leveraged Equities | GXC vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.30 | — | — | 65 | Derivative Income | GXC vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.21 | — | — | 51 | Multistrategy | GXC vs RSBY | |
| ProShares UltraShort Yen | -0.15 | -0.15 | -0.12 | 75 | Leveraged Currency | GXC vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GXC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GXC and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.18, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.18 | 0.00 | 0.03 | 79 | Consumer Defensive | |
| CVS Health Corporation | -0.02 | 0.06 | 0.07 | 90 | Healthcare | |
| PepsiCo, Inc. | -0.01 | 0.08 | 0.06 | 50 | Consumer Defensive | |
| Enterprise Products Partners L.P. | -0.01 | 0.15 | 0.19 | 83 | Energy | |
| Suncor Energy Inc. | 0.04 | 0.15 | 0.21 | 89 | Energy |
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