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Looking to diversify beyond GOAU? The ETFs below have the lowest correlation with GOAU — 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 GOAU.

Best Diversifiers for GOAU

551 ETFs have low correlation with GOAU (below 0.3), 23 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.19, up from -0.30 over 5 years.


See all 2076 diversifiers for GOAU

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from GOAU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GOAU and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.10, down from 0.17 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Exxon Mobil Corporation-0.100.050.17
68
Energy
Meta Financial Group, Inc.0.090.100.14
54
Financial Services
Shell plc0.100.240.28
61
Energy
Eli Lilly and Company0.100.060.08
75
Healthcare
CVS Health Corporation0.100.060.10
85
Healthcare
See all 22 low-correlation stocks for GOAU

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Diversification Analysis

Build a portfolio that complements GOAU

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

Analyze a portfolio with GOAU