Looking to diversify beyond GDXW? The ETFs below have the lowest correlation with GDXW — 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 GDXW.
Best Diversifiers for GDXW
325 ETFs have low correlation with GDXW (below 0.3), 14 of which are negatively correlated. The least correlated is iShares iBonds Oct 2027 Term TIPS ETF (IBID) (Inflation-Protected Bonds) with a 1Y correlation of -0.19, roughly unchanged from -0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.19 | -0.19 | -0.19 | 95 | Inflation-Protected Bonds | GDXW vs IBID | |
| Brookmont Catastrophic Bond ETF | -0.05 | -0.05 | -0.05 | 96 | Nontraditional Bonds | GDXW vs ILS | |
| iShares iBonds Dec 2026 Term Corporate ETF | -0.04 | -0.04 | -0.04 | 99 | Corporate Bonds | GDXW vs IBDR | |
| Brookstone Ultra-Short Bond ETF | -0.04 | -0.04 | -0.04 | 98 | Ultrashort Bond | GDXW vs BAMU | |
| Bastion Energy ETF | -0.04 | -0.04 | -0.04 | 84 | Energy Equities | GDXW vs BESF |
See all 1920 diversifiers for GDXW
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