GVIP, NYSE

Goldman Sachs Hedge IND VIP ETF (GVIP)

Price (as of September 28)

70.6895USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

BYRE

Principal Real Estate Active Opportunities ETF

-0.42

BRKY

Direxion Breakfast Commodities Strategy ETF

-0.25

DFUV

Dimensional US Marketwide Value ETF

-0.2

BKUI

BNY MELLON ULTRA SHORT INCOME ETF

-0.18

DEHP

Dimensional Emerging Markets High Profitability ETF

-0.16

CDX

Simplify High Yield PLUS Credit Hedge ETF

-0.16

CGCP

Capital Group Core Plus Income ETF

-0.16

EFZ

ProShares Short MSCI EAFE

-0.16

DFEM

Dimensional Emerging Markets Core Equity 2 ETF

-0.16

EMCR

EGSHARES EMERGING MARKETS CORE ETF

-0.15

Show more

Highest within Industry

Symbol Correlation

EDOW

First Trust Dow 30 Equal Weight ETF

0.2

DUHP

Dimensional US High Profitability ETF

0.16

EFV

iShares MSCI EAFE Value ETF

0.15

EFAD

ProShares MSCI EAFE Dividend Growers ETF

0.15

EFA

iShares MSCI EAFE ETF

0.15

EFO

ProShares Ultra MSCI EAFE

0.15

EFAV

iShares MSCI EAFE Min Vol Factor ETF

0.15

DFCF

Dimensional Core Fixed Income ETF

0.14

DIHP

Dimensional International High Profitability ETF

0.14

EFAX

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

0.14

Show more

Profile

Sector:
Large Growth
Industry:
Exchange Traded Funds

The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities included in its underlying index, in depositary receipts representing securities included in its underlying index and in underlying stocks in respect of depositary receipts included in its underlying index. The index is designed to deliver exposure to equity securities whose performance is expected to influence the long portfolios of hedge funds.