Looking to diversify beyond GUG? The mutual funds below have the lowest correlation with GUG — 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 GUG.
Best Diversifiers for GUG
21 mutual funds have low correlation with GUG (below 0.3), 1 of which are negatively correlated. The least correlated is BlackRock Tactical Opportunities Fund Institutional Class (PBAIX) (Tactical Allocation) with a 1Y correlation of -0.03, down from 0.11 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BlackRock Tactical Opportunities Fund Institutiona... | -0.03 | 0.11 | — | 75 | Tactical Allocation | GUG vs PBAIX | |
| Quantified Evolution Plus Fund | 0.17 | 0.20 | — | 80 | Tactical Allocation | GUG vs QEVOX | |
| Quantified STF Fund | 0.17 | 0.24 | 0.18 | 59 | Tactical Allocation | GUG vs QSTFX | |
| AQR Diversifying Strategies Fund Class N | 0.18 | 0.11 | — | 88 | Tactical Allocation | GUG vs QDSNX | |
| Hussman Strategic Total Return Fund | 0.22 | 0.20 | — | 89 | Tactical Allocation | GUG vs HSTRX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GUG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GUG and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of 0.00, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | 0.00 | 0.06 | 0.12 | 68 | Energy | |
| RTX Corporation | 0.11 | 0.14 | 0.22 | 70 | Industrials | |
| General Electric Company | 0.18 | 0.22 | 0.26 | 80 | Industrials | |
| BlackRock Science and Technology Trust II | 0.28 | 0.28 | 0.34 | 96 | Financial Services |
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