Looking to balance out your exposure to AU? The ETFs below have the lowest correlation with AU — they tend to move on their own, which can help reduce risk when AU drops. The stock ideas table highlights individual companies that behave independently from AU.
Best Diversifiers for AU
6 ETFs have low correlation with AU (below 0.3), 1 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of -0.10, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | -0.10 | 0.06 | 0.16 | 63 | Energy Equities | AU vs XLE | |
| Invesco DB Commodity Index Tracking Fund | 0.03 | 0.18 | 0.23 | 75 | Commodities | AU vs DBC | |
| WisdomTree Japan Hedged Equity Fund | 0.23 | 0.12 | 0.09 | 88 | Japan Equities | AU vs DXJ | |
| Vanguard Information Technology ETF | 0.26 | 0.18 | 0.15 | 76 | Technology Equities | AU vs VGT | |
| VanEck Semiconductor ETF | 0.28 | 0.18 | 0.17 | 96 | Semiconductors, Technology Equities | AU vs SMH |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AU and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.14, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.14 | 0.02 | 0.12 | 85 | Energy | |
| Coterra Energy Inc. | -0.12 | 0.05 | 0.09 | 79 | Energy | |
| Cboe Global Markets, Inc. | -0.04 | 0.01 | 0.04 | 68 | Financial Services | |
| Avis Budget Group, Inc. | -0.03 | 0.09 | 0.09 | 60 | Industrials | |
| Erasca, Inc. | 0.02 | 0.09 | — | 98 | Healthcare |
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Build a portfolio that complements AU
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