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
2114 ETFs have low correlation with GYLD (below 0.3), 33 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.09 | — | — | 98 | Inflation-Protected Bonds | GYLD vs RBIL | |
| iShares Government Money Market ETF | -0.08 | — | — | 100 | Money Market | GYLD vs GMMF | |
| Breakwave Tanker Shipping ETF | -0.08 | -0.03 | — | 99 | Commodities | GYLD vs BWET | |
| First Trust Merger Arbitrage ETF | -0.08 | 0.08 | 0.09 | 52 | Long-Short | GYLD vs MARB | |
| Brookstone Ultra-Short Bond ETF | -0.07 | — | — | 98 | Ultrashort Bond | GYLD vs BAMU |
To view more results, upgrade your current subscription plan.
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 | 95 | Financial Services | |
| Oxford Lane Capital Corp. 7.125% Series 2029 Term ... | 0.03 | 0.02 | 0.07 | 88 | Financial Services |
Build a portfolio that complements GYLD
Add GYLD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with GYLD