Looking to diversify beyond GDXD? The ETFs below have historically moved differently from GDXD, 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 GDXD
2238 ETFs have low correlation with GDXD (below 0.3), 2169 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Themes Silver Miners ETF | -0.95 | — | — | 55 | Silver, Precious Metals | GDXD vs AGMI | |
| Sarmaya Thematic ETF | -0.90 | — | — | 63 | Global Equities | GDXD vs LENS | |
| American Beacon GLG Natural Resources ETF | -0.78 | — | — | 79 | Energy Equities | GDXD vs MGNR | |
| iShares Global Materials ETF | -0.77 | -0.65 | -0.62 | 51 | Materials | GDXD vs MXI | |
| iShares Copper and Metals Mining ETF | -0.76 | -0.67 | — | 75 | Copper | GDXD vs ICOP |
See all 2242 diversifiers for GDXD
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