Looking to diversify beyond GDXU? The ETFs below have the lowest correlation with GDXU — 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 GDXU.
Best Diversifiers for GDXU
551 ETFs have low correlation with GDXU (below 0.3), 23 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.23, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | -0.26 | -0.32 | 61 | Leveraged Currency | GDXU vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | GDXU vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | GDXU vs IBIC | |
| TCW AAA CLO ETF | -0.12 | — | — | 99 | CLO | GDXU vs ACLO | |
| iShares Enhanced Short-Term Bond Active ETF | -0.07 | 0.03 | 0.03 | 99 | Ultrashort Bond | GDXU vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GDXU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GDXU and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.09, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.09 | 0.05 | 0.16 | 61 | Energy | |
| Aflac Incorporated | -0.08 | 0.05 | 0.13 | 68 | Financial Services | |
| Enterprise Products Partners L.P. | -0.07 | 0.11 | 0.22 | 82 | Energy | |
| Exxon Mobil Corporation | -0.06 | 0.07 | 0.18 | 68 | Energy | |
| Altria Group, Inc. | -0.05 | 0.06 | 0.13 | 70 | Consumer Defensive |
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Build a portfolio that complements GDXU
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