Looking to balance out your exposure to GOLF? The ETFs below have the lowest correlation with GOLF — they tend to move on their own, which can help reduce risk when GOLF drops. The stock ideas table highlights individual companies that behave independently from GOLF.
Best Diversifiers for GOLF
3 ETFs have low correlation with GOLF (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) (Inflation-Protected Bonds) with a 1Y correlation of 0.04, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.04 | 0.09 | 0.12 | 93 | Inflation-Protected Bonds | GOLF vs VTIP | |
| Vanguard Short-Term Treasury ETF | 0.19 | 0.10 | 0.09 | 83 | Government Bonds, Short-Term Bond | GOLF vs VGSH | |
| Vanguard Information Technology ETF | 0.28 | 0.31 | 0.42 | 76 | Technology Equities | GOLF vs VGT | |
| Invesco S&P 500 Momentum ETF | 0.35 | 0.33 | 0.38 | 75 | Momentum, S&P 500 | GOLF vs SPMO | |
| iShares Semiconductor ETF | 0.36 | 0.35 | 0.42 | 97 | Semiconductors, Technology Equities | GOLF vs SOXX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GOLF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GOLF and solid risk/return profiles. The least correlated is Palo Alto Networks, Inc. (PANW) (Technology) with a 1Y correlation of 0.00, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Palo Alto Networks, Inc. | 0.00 | 0.11 | 0.21 | 67 | Technology | |
| Diamondback Energy, Inc. | 0.01 | 0.12 | 0.16 | 82 | Energy | |
| Oracle Corporation | 0.04 | 0.15 | 0.25 | 58 | Technology | |
| Welltower Inc. | 0.09 | 0.22 | 0.22 | 79 | Real Estate | |
| Monster Beverage Corporation | 0.11 | 0.18 | 0.27 | 79 | Consumer Defensive |
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Build a portfolio that complements GOLF
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