Looking to diversify beyond GLL? The ETFs below have the lowest correlation with GLL — 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 GLL.
Best Diversifiers for GLL
2076 ETFs have low correlation with GLL (below 0.3), 2051 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Themes Silver Miners ETF | -0.78 | — | — | 51 | Silver, Precious Metals | GLL vs AGMI | |
| Cabana Target Drawdown 7 ETF | -0.76 | -0.45 | -0.34 | 65 | Tactical Allocation | GLL vs TDSB | |
| VanEck Inflation Allocation ETF | -0.71 | -0.63 | -0.55 | 71 | Diversified Portfolio | GLL vs RAAX | |
| Relative Sentiment Tactical Allocation ETF | -0.68 | -0.53 | -0.50 | 76 | Tactical Allocation | GLL vs MOOD | |
| Cambria Global Momentum ETF | -0.66 | -0.49 | -0.40 | 57 | Momentum, Hedge Fund | GLL vs GMOM |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GLL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GLL and solid risk/return profiles. The least correlated is Royal Gold, Inc. (RGLD) (Basic Materials) with a 1Y correlation of -0.69, roughly unchanged from -0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Royal Gold, Inc. | -0.69 | -0.68 | -0.66 | 56 | Basic Materials |
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