Looking to diversify beyond GXTG? The ETFs below have the lowest correlation with GXTG — 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 GXTG.
Best Diversifiers for GXTG
412 ETFs have low correlation with GXTG (below 0.3), 73 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.26, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.26 | -0.03 | 0.05 | 66 | Oil & Gas | GXTG vs USO | |
| Invesco DB Energy Fund | -0.26 | -0.03 | 0.07 | 71 | Oil & Gas | GXTG vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.24 | -0.05 | -0.05 | 56 | Derivative Income | GXTG vs USOY | |
| United States Brent Oil Fund LP | -0.22 | -0.01 | 0.05 | 65 | Oil & Gas | GXTG vs BNO | |
| United States 12 Month Oil Fund LP | -0.21 | 0.01 | 0.08 | 56 | Oil & Gas | GXTG vs USL |
See all 2106 diversifiers for GXTG
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