Looking to diversify beyond GDXD? The ETFs below have the lowest correlation with GDXD — 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 GDXD.
Best Diversifiers for GDXD
2046 ETFs have low correlation with GDXD (below 0.3), 1997 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| American Beacon GLG Natural Resources ETF | -0.76 | — | — | 69 | Energy Equities | GDXD vs MGNR | |
| iShares MSCI Peru ETF | -0.74 | -0.70 | -0.64 | 83 | Mid Cap Blend Equities | GDXD vs EPU | |
| iShares Copper and Metals Mining ETF | -0.73 | -0.66 | — | 54 | Copper | GDXD vs ICOP | |
| Relative Sentiment Tactical Allocation ETF | -0.73 | -0.62 | — | 77 | Tactical Allocation | GDXD vs MOOD | |
| Global X Copper Miners ETF | -0.72 | -0.65 | -0.63 | 54 | Copper | GDXD vs COPX |
See all 2047 diversifiers for GDXD
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Diversification Analysis
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