Looking to diversify beyond KGLD? The ETFs below have the lowest correlation with KGLD — 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 KGLD.
Best Diversifiers for KGLD
1496 ETFs have low correlation with KGLD (below 0.3), 33 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.43 | — | — | 51 | Currency | KGLD vs UUP | |
| ProShares Short Bitcoin ETF | -0.25 | — | — | 57 | Cryptocurrency | KGLD vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.25 | — | — | 52 | Cryptocurrency, Leveraged Cryptocurrency | KGLD vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.23 | — | — | 60 | Inverse Equities | KGLD vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.23 | — | — | 68 | Inverse Equities, Leveraged Equities | KGLD vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from KGLD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to KGLD and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.02 | — | — | 75 | Energy | |
| Berkshire Hathaway Inc. | 0.01 | — | — | 53 | Financial Services | |
| Jackson Financial Inc. | 0.08 | 0.08 | 0.08 | 81 | Financial Services | |
| Micron Technology, Inc. | 0.18 | 0.18 | 0.18 | 99 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.18 | — | — | 92 | Technology |
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