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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

447 ETFs have low correlation with GXC (below 0.3), 36 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.19, roughly unchanged from -0.12 over 5 years.


See all 2079 diversifiers for GXC

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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 -0.15, down from 0.05 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Altria Group, Inc.-0.150.020.05
70
Consumer Defensive
CVS Health Corporation-0.000.060.08
85
Healthcare
Enterprise Products Partners L.P.0.030.170.20
82
Energy
PepsiCo, Inc.0.030.090.07
59
Consumer Defensive
Suncor Energy Inc.0.030.170.21
83
Energy
See all 16 low-correlation stocks for GXC

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Diversification Analysis

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