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
573 ETFs have low correlation with GOAU (below 0.3), 33 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.29, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | -0.20 | -0.20 | 60 | Inverse Equities, Leveraged Equities | GOAU vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.29 | -0.22 | -0.22 | 53 | Inverse Equities | GOAU vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.25 | — | — | 65 | Derivative Income | GOAU vs WNTR | |
| ProShares UltraShort Yen | -0.19 | -0.23 | -0.31 | 75 | Leveraged Currency | GOAU vs YCS | |
| Return Stacked Bonds & Futures Yield ETF | -0.19 | — | — | 51 | Multistrategy | GOAU vs RSBY |
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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 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.10 | 0.04 | 0.16 | 71 | Energy | |
| CVS Health Corporation | 0.08 | 0.06 | 0.09 | 90 | Healthcare | |
| Eli Lilly and Company | 0.10 | 0.07 | 0.07 | 80 | Healthcare | |
| Meta Financial Group, Inc. | 0.10 | 0.09 | 0.13 | 52 | Financial Services | |
| Shell plc | 0.11 | 0.23 | 0.28 | 68 | Energy |
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Build a portfolio that complements GOAU
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