Looking to balance out your exposure to PHYS? The ETFs below have the lowest correlation with PHYS — they tend to move on their own, which can help reduce risk when PHYS drops. The stock ideas table highlights individual companies that behave independently from PHYS.
Best Diversifiers for PHYS
233 ETFs have low correlation with PHYS (below 0.3), 4 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.02, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.02 | 0.00 | 0.04 | 100 | Government Bonds, Ultrashort Bond | PHYS vs BIL | |
| Neos Enhanced Income Cash Alternative ETF | -0.01 | 0.04 | 0.06 | 99 | Ultrashort Bond | PHYS vs CSHI | |
| PIMCO Enhanced Short Maturity Active ETF | -0.00 | 0.05 | 0.12 | 100 | Ultrashort Bond | PHYS vs MINT | |
| United States Oil Fund LP | -0.00 | 0.13 | 0.14 | 66 | Oil & Gas | PHYS vs USO | |
| iShares 0-3 Month Treasury Bond ETF | 0.00 | -0.00 | 0.03 | 100 | Ultrashort Bond | PHYS vs SGOV |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PHYS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PHYS and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.11, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.11 | -0.01 | 0.04 | 69 | Consumer Defensive | |
| Enterprise Products Partners L.P. | -0.07 | 0.07 | 0.12 | 85 | Energy | |
| Palo Alto Networks, Inc. | -0.06 | 0.02 | 0.02 | 67 | Technology | |
| Energy Transfer LP | -0.05 | 0.08 | 0.11 | 69 | Energy | |
| Datadog, Inc. | -0.05 | 0.02 | 0.04 | 81 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PHYS
Add PHYS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PHYS