Looking to balance out your exposure to HG? The ETFs below have the lowest correlation with HG — they tend to move on their own, which can help reduce risk when HG drops. The stock ideas table highlights individual companies that behave independently from HG.
Best Diversifiers for HG
6 ETFs have low correlation with HG (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Vectors Oil Services ETF | -0.01 | — | — | 91 | Energy Equities | HG vs OIH | |
| Amplify Junior Silver Miners ETF | 0.00 | — | — | 55 | Silver, Commodity Producers Equities, Precious Metals | HG vs SILJ | |
| Invesco QQQ ETF | 0.06 | — | — | 74 | Nasdaq-100 | HG vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.17 | — | — | 74 | S&P 500 | HG vs SPY | |
| SPDR Portfolio High Yield Bond ETF | 0.18 | — | — | 64 | High Yield Bonds | HG vs SPHY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HG and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vista Oil & Gas, S.A.B. de C.V. | -0.12 | — | — | 72 | Energy | |
| Nebius Group N.V. | -0.12 | — | — | 97 | Communication Services | |
| Celestica Inc. | -0.10 | — | — | 94 | Technology | |
| Micron Technology, Inc. | -0.10 | — | — | 99 | Technology | |
| NVIDIA Corporation | -0.09 | — | — | 80 | Technology |
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