Looking to diversify beyond AUAU? The ETFs below have the lowest correlation with AUAU — 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 AUAU.
Best Diversifiers for AUAU
0 ETFs have low correlation with AUAU (below 0.3), 0 of which are negatively correlated. The least correlated is Global X S&P 500 Covered Call ETF (XYLD) (Derivative Income) with a 1Y correlation of 0.52, roughly unchanged from 0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X S&P 500 Covered Call ETF | 0.52 | 0.52 | 0.52 | 82 | Derivative Income, S&P 500 | AUAU vs XYLD | |
| Global X NASDAQ 100 Covered Call ETF | 0.52 | 0.52 | 0.52 | 88 | Nasdaq-100, Derivative Income | AUAU vs QYLD |
Diversification Analysis
Build a portfolio that complements AUAU
Add AUAU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AUAU