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40 Stocks and 60 ETFs for diversifying Global Business Travel Group (GBTG)

The least correlated asset to Global Business Travel Group (GBTG) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with GBTG

SymbolName
Market cap
SectorIndustry
Correlation
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.80
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.80
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.71
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.62
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.60
SZZLRSizzle Acquisition Corp II$1.47MN/AN/A-0.60
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.59
SOLEmeren Group Ltd American Depositary Shares, each representing 10 shares$100MTechnologySolar-0.58
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.57
AMRZAmrize Ltd$28BBasic MaterialsBuilding Materials-0.56
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.52
CAPNCayson Acquisition Corp$64MFinancial ServicesShell Companies-0.51
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.49
AKUSAkouos Inc$490MN/AN/A-0.48
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.47
ELPCCia Paranaense De Energia Copel ADR (Representing )$8.52BUtilitiesUtilities - Regulated Electric-0.45
BEPCBrookfield Renewable Corporation (Exchangeable Shares) - Class A$6.37BUtilitiesUtilities - Renewable-0.45
OPTNOptiNose Inc$112MN/AN/A-0.44
GRCEAcasti Pharma Inc$39MHealthcareBiotechnology-0.42
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.42
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.42
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.41
AUGOAura Minerals Inc$4.54BBasic MaterialsGold-0.41
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.40
SAGTSagtec Global Ltd$18MTechnologySoftware - Application-0.39
GPATGP-Act III Acquisition Corp - Class A$314MFinancial ServicesShell Companies-0.38
CIGLConcorde International Group Ltd Class A Ordinary Shares$41MIndustrialsSecurity & Protection Services-0.38
BLTEBelite Bio Inc$5.88BHealthcareBiotechnology-0.38
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.38
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.38
CTNTCheetah Net Supply Chain Service Inc - Class A$7.76MIndustrialsIntegrated Freight & Logistics-0.37
LPAAULaunch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)$251MFinancial ServicesShell Companies-0.37
SLXNSilexion Therapeutics Corp$3.11MHealthcareBiotechnology-0.37
NAMMNamib Minerals.$87MBasic MaterialsGold-0.36
CHTRCharter Communications Inc - Class A$16BCommunication ServicesTelecom Services-0.35
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.34
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.34
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.34
PMIPicard Medical Inc$11MHealthcareMedical Devices-0.34
LNKSLinkers Industries Ltd - Class A$16MIndustrialsElectrical Equipment & Parts-0.34

ETFs that lowly correlated with GBTG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.99
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.86
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.60
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.58
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.57
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.57
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.56
GSKHGSK PLC ADRHEDGED $737K0.19%Jan 6, 2025-0.56
LMTLDirexion Daily LMT Bull 2X ETF$8.40MN/AAug 5, 2025-0.55
GLDNNICHOLAS GOLD INCOME ETF $2.50M1.07%Feb 17, 2026-0.54
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.54
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.51
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.51
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.51
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.48
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.47
EVMOEATON VANCE MORTGAGE OPPORTUNITIES ETF $882M0.45%Jul 28, 1997-0.46
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.46
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.46
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.45
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.45
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.44
MULTFranklin Multisector Income ETF$15M0.39%Aug 26, 2025-0.44
OTGLOTG LATIN AMERICA ETF $28M0.95%May 7, 2019-0.43
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.43
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.42
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.42
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.42
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.41
CPAGFm Compoundr U.S. Aggregate Bond ETF$288M0.31%Aug 11, 2025-0.41
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.41
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.40
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.40
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.40
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.39
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.39
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.38
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.38
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.38
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.38
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.38
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.38
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.37
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.37
BILDMACQUARIE GLOBAL LISTED INFRASTRUCTURE ETF $7.40M0.50%Nov 28, 2023-0.37
TAXSNORTHERN TRUST SHORT-TERM TAX-EXEMPT BOND ETF $118M0.05%Aug 18, 2025-0.36
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.36
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.36
PLTZDefiance Daily Target 2x Short PLTR ETF$13MN/AJun 5, 2025-0.36
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.35
LCDLGRANITESHARES 2X LONG LCID DAILY ETF N/AN/AApr 21, 2025-0.35
DVXBWEBs Defined Volatility XLB ETF$276K0.89%Jul 22, 2025-0.35
SHLDGLOBAL X DEFENSE TECH ETF $6.90B0.50%Sep 11, 2023-0.35
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.35
BRAZGLOBAL X BRAZIL ACTIVE ETF $9.90M0.75%Aug 16, 2023-0.34
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.34
TAXINORTHERN TRUST INTERMEDIATE TAX-EXEMPT BOND ETF $160M0.05%Aug 18, 2025-0.34
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.34
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.34