Looking to balance out your exposure to G? The ETFs below have historically moved differently from G, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for G
2 ETFs have low correlation with G (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) (Inflation-Protected Bonds) with a 1Y correlation of 0.02, roughly unchanged from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.02 | 0.07 | 0.09 | 92 | Inflation-Protected Bonds | G vs VTIP | |
| State Street SPDR S&P 500 ETF | 0.08 | 0.32 | 0.47 | 67 | S&P 500 | G vs SPY |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for G, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Endesa SA ADR (ELEZY) (Utilities) with a 1Y correlation of -0.11, down from 0.11 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Endesa SA ADR | -0.11 | 0.03 | 0.11 | 97 | Utilities | |
| Altria Group, Inc. | -0.06 | 0.10 | 0.19 | 66 | Consumer Defensive | |
| Howmet Aerospace Inc. | -0.05 | 0.17 | 0.31 | 90 | Industrials | |
| AngloGold Ashanti Limited | -0.04 | 0.05 | 0.07 | 79 | Basic Materials | |
| Bank of Ireland Group plc | -0.04 | 0.10 | 0.13 | 91 | Financial Services |
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