Looking to balance out your exposure to GOLF? The ETFs below have historically moved differently from GOLF, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for GOLF
4 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 0.08, roughly unchanged from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.08 | 0.10 | 0.12 | 92 | Inflation-Protected Bonds | GOLF vs VTIP | |
| Vanguard Information Technology ETF | 0.23 | 0.30 | 0.41 | 52 | Technology Equities | GOLF vs VGT | |
| Vanguard Short-Term Treasury ETF | 0.26 | 0.13 | 0.10 | 91 | Government Bonds, Short-Term Bond | GOLF vs VGSH | |
| iShares Semiconductor ETF | 0.28 | 0.32 | 0.40 | 90 | Semiconductors, Technology Equities | GOLF vs SOXX | |
| Vanguard S&P 500 ETF | 0.35 | 0.42 | 0.49 | 68 | S&P 500 | GOLF vs VOO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for GOLF, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Diamondback Energy, Inc. (FANG) (Energy) with a 1Y correlation of -0.12, down from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Diamondback Energy, Inc. | -0.12 | 0.06 | 0.12 | 79 | Energy | |
| Welltower Inc. | 0.11 | 0.20 | 0.21 | 89 | Real Estate | |
| Palo Alto Networks, Inc. | 0.11 | 0.15 | 0.23 | 88 | Technology | |
| Monster Beverage Corporation | 0.13 | 0.19 | 0.27 | 94 | Consumer Defensive | |
| Eli Lilly and Company | 0.13 | 0.18 | 0.16 | 83 | Healthcare |
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