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WisdomTree Physical Gold UCITS ETC (PHAU.AS) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

WisdomTree Physical Gold is a UCITS-eligible Exchange Traded Commodity (ETC) that aims to provide investors with a cost-effective and secure way to access physical gold by tracking the gold spot price, less the applicable management fee. The ETC is backed by allocated physical gold held by HSBC Bank plc, ensuring each bar is segregated, individually identified, and allocated.

Looking to diversify beyond PHAU.AS? The ETFs below have the lowest correlation with PHAU.AS — 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 PHAU.AS.

Best Diversifiers for PHAU.AS

1 ETFs have low correlation with PHAU.AS (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) (Global Equity Income) with a 1Y correlation of 0.12, roughly unchanged from 0.09 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
TDIV.AS
VanEck Morningstar Developed Markets Dividend Lead...0.120.130.09
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Global Equity IncomePHAU.AS vs TDIV.AS

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Diversification Analysis

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