Looking to diversify beyond GXPD? The ETFs below have the lowest correlation with GXPD — 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 GXPD.
Best Diversifiers for GXPD
0 ETFs have low correlation with GXPD (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Data Center & Digital Infrastructure ETF (DTCR) (REIT) with a 1Y correlation of 0.41, roughly unchanged from 0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Data Center & Digital Infrastructure ETF | 0.41 | 0.41 | 0.41 | 70 | REIT | GXPD vs DTCR | |
| Global X SuperDividend ETF | 0.44 | 0.44 | 0.44 | 50 | Global Equities, Dividend | GXPD vs SDIV | |
| Global X S&P 500 Covered Call ETF | 0.70 | 0.70 | 0.70 | 90 | Derivative Income, S&P 500 | GXPD vs XYLD |
Diversification Analysis
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