Looking to diversify beyond IAU? The ETFs below have historically moved differently from IAU, 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 IAU
1251 ETFs have low correlation with IAU (below 0.3), 42 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.26 | — | — | 63 | Derivative Income | IAU vs WNTR | |
| ProShares UltraShort Yen | -0.20 | -0.27 | -0.38 | 59 | Leveraged Currency | IAU vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | -0.06 | -0.06 | 97 | Inflation-Protected Bonds | IAU vs RBIL | |
| TCW AAA CLO ETF | -0.13 | — | — | 99 | CLO | IAU vs ACLO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | IAU vs IBIC |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for IAU, 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 Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.19, down from 0.00 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.19 | -0.04 | 0.00 | 64 | Consumer Defensive | |
| The Allstate Corporation | -0.13 | -0.00 | -0.00 | 80 | Financial Services | |
| Enterprise Products Partners L.P. | -0.13 | 0.04 | 0.10 | 88 | Energy | |
| Aflac Incorporated | -0.12 | -0.02 | 0.01 | 86 | Financial Services | |
| Chubb Limited | -0.11 | -0.02 | -0.00 | 86 | Financial Services |
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