Looking to balance out your exposure to GAUZ? The ETFs below have the lowest correlation with GAUZ — they tend to move on their own, which can help reduce risk when GAUZ drops. The stock ideas table highlights individual companies that behave independently from GAUZ.
Best Diversifiers for GAUZ
1 ETFs have low correlation with GAUZ (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.10 | — | — | 65 | S&P 500 | GAUZ vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GAUZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GAUZ and solid risk/return profiles. The least correlated is Jazz Pharmaceuticals plc (JAZZ) (Healthcare) with a 1Y correlation of -0.05, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Jazz Pharmaceuticals plc | -0.05 | 0.08 | 0.08 | 97 | Healthcare | |
| AxoGen, Inc. | -0.00 | 0.03 | 0.03 | 98 | Healthcare | |
| Baytex Energy Corp | 0.02 | — | — | 94 | Energy | |
| Okeanis Eco Tankers Corp | 0.04 | — | — | 98 | Industrials | |
| Humana Inc. | 0.05 | 0.03 | 0.03 | 78 | Healthcare |
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