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Looking to balance out your exposure to GILD? The ETFs below have the lowest correlation with GILD — they tend to move on their own, which can help reduce risk when GILD drops. The stock ideas table highlights individual companies that behave independently from GILD.

Best Diversifiers for GILD

220 ETFs have low correlation with GILD (below 0.3), 4 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.09, roughly unchanged from -0.05 over 5 years.


See all 242 diversifiers for GILD

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from GILD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GILD and solid risk/return profiles. The least correlated is Petróleo Brasileiro S.A. - Petrobras (PBR) (Energy) with a 1Y correlation of -0.09, down from 0.02 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Petróleo Brasileiro S.A. - Petrobras-0.090.010.02
75
Energy
Valero Energy Corporation-0.080.040.07
91
Energy
Energy Transfer LP-0.080.040.11
70
Energy
Chevron Corporation-0.070.080.12
70
Energy
ConocoPhillips Company-0.070.030.07
65
Energy
See all 310 low-correlation stocks for GILD

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Diversification Analysis

Build a portfolio that complements GILD

Add GILD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with GILD