Looking to diversify beyond GXPS? The ETFs below have the lowest correlation with GXPS — 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 GXPS.
Best Diversifiers for GXPS
1951 ETFs have low correlation with GXPS (below 0.3), 994 of which are negatively correlated. The least correlated is State Street SPDR NYSE Technology ETF (XNTK) (Technology Equities) with a 1Y correlation of -0.32, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR NYSE Technology ETF | -0.32 | -0.32 | -0.32 | 59 | Technology Equities | GXPS vs XNTK | |
| Invesco AI and Next Gen Software ETF | -0.32 | -0.32 | -0.32 | 85 | Technology Equities | GXPS vs IGPT | |
| Strive U.S. Semiconductor ETF | -0.32 | -0.32 | -0.32 | 87 | Semiconductors, Technology Equities | GXPS vs SHOC | |
| VanEck Fabless Semiconductor ETF | -0.32 | -0.32 | -0.32 | 74 | Semiconductors, Technology Equities | GXPS vs SMHX | |
| VistaShares Artificial Intelligence Supercycle ETF | -0.31 | -0.31 | -0.31 | 92 | Technology Equities | GXPS vs AIS |
See all 2037 diversifiers for GXPS
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