Looking to diversify beyond GYLD? The ETFs below have the lowest correlation with GYLD — 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 GYLD.
Best Diversifiers for GYLD
2033 ETFs have low correlation with GYLD (below 0.3), 39 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.20, roughly unchanged from -0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.20 | -0.13 | -0.26 | 51 | Currency | GYLD vs UUP | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | -0.11 | -0.11 | 97 | Inflation-Protected Bonds | GYLD vs RBIL | |
| Proshares Ultrashort Bitcoin ETF | -0.11 | -0.12 | -0.12 | 52 | Cryptocurrency, Leveraged Cryptocurrency | GYLD vs SBIT | |
| ProShares Short Bitcoin ETF | -0.11 | -0.13 | -0.17 | 57 | Cryptocurrency | GYLD vs BITI | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | GYLD vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from GYLD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to GYLD and solid risk/return profiles. The least correlated is Oxford Lane Capital Corp. (OXLCP) (Financial Services) with a 1Y correlation of -0.08, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Oxford Lane Capital Corp. | -0.08 | 0.03 | 0.08 | 96 | Financial Services | |
| Oxford Lane Capital Corp. 7.125% Series 2029 Term ... | 0.04 | 0.02 | 0.07 | 88 | Financial Services | |
| Agree Realty Corporation | 0.06 | 0.12 | 0.20 | 70 | Real Estate | |
| BlackRock Capital Allocation Term Trust | 0.17 | 0.17 | 0.30 | 94 | Financial Services |
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