Looking to balance out your exposure to IAUX? The ETFs below have the lowest correlation with IAUX — they tend to move on their own, which can help reduce risk when IAUX drops. The stock ideas table highlights individual companies that behave independently from IAUX.
Best Diversifiers for IAUX
2 ETFs have low correlation with IAUX (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Vectors Oil Services ETF (OIH) (Energy Equities) with a 1Y correlation of 0.16, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Vectors Oil Services ETF | 0.16 | 0.21 | 0.23 | 89 | Energy Equities | IAUX vs OIH | |
| Invesco QQQ ETF | 0.18 | 0.19 | 0.19 | 73 | Nasdaq-100 | IAUX vs QQQ | |
| Amplify Junior Silver Miners ETF | 0.66 | 0.63 | 0.63 | 54 | Silver, Commodity Producers Equities, Precious Metals | IAUX vs SILJ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IAUX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IAUX and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | 0.11 | — | — | 97 | Communication Services | |
| Micron Technology, Inc. | 0.13 | 0.17 | 0.15 | 99 | Technology | |
| Interactive Brokers Group, Inc. | 0.20 | 0.13 | 0.13 | 83 | Financial Services | |
| B2Gold Corp. | 0.57 | 0.54 | 0.56 | 56 | Basic Materials | |
| Fortuna Silver Mines Inc. | 0.59 | 0.53 | 0.55 | 62 | Basic Materials |
Build a portfolio that complements IAUX
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