Looking to diversify beyond AAAU? The ETFs below have the lowest correlation with AAAU — 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 AAAU.
Best Diversifiers for AAAU
1488 ETFs have low correlation with AAAU (below 0.3), 40 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.45, roughly unchanged from -0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.45 | -0.43 | -0.46 | 51 | Currency | AAAU vs UUP | |
| ProShares Short Bitcoin ETF | -0.26 | -0.13 | -0.15 | 57 | Cryptocurrency | AAAU vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.26 | -0.16 | -0.16 | 52 | Cryptocurrency, Leveraged Cryptocurrency | AAAU vs SBIT | |
| ProShares UltraShort Yen | -0.23 | -0.27 | -0.38 | 72 | Leveraged Currency | AAAU vs YCS | |
| Defiance Daily Target 2X Short MSTR ETF | -0.23 | -0.17 | -0.17 | 60 | Inverse Equities | AAAU vs SMST |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AAAU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AAAU and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.14, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.14 | -0.02 | 0.02 | 81 | Consumer Defensive | |
| Enterprise Products Partners L.P. | -0.08 | 0.06 | 0.11 | 87 | Energy | |
| Chubb Limited | -0.04 | -0.01 | 0.01 | 86 | Financial Services | |
| Devon Energy Corporation | -0.04 | 0.10 | 0.13 | 72 | Energy | |
| ConocoPhillips Company | -0.04 | 0.06 | 0.11 | 66 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements AAAU
Add AAAU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AAAU