Looking to balance out your exposure to AUMN? The ETFs below have the lowest correlation with AUMN — they tend to move on their own, which can help reduce risk when AUMN drops. The stock ideas table highlights individual companies that behave independently from AUMN.
Best Diversifiers for AUMN
1 ETFs have low correlation with AUMN (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.11, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.11 | 0.07 | 0.12 | 70 | S&P 500 | AUMN vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AUMN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AUMN and solid risk/return profiles. The least correlated is Gold Fields Limited (GFI) (Basic Materials) with a 1Y correlation of 0.25, roughly unchanged from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Gold Fields Limited | 0.25 | 0.22 | 0.28 | 69 | Basic Materials |
Build a portfolio that complements AUMN
Add AUMN to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AUMN