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
211 ETFs have low correlation with PHYS (below 0.3), 8 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.43, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.43 | -0.43 | -0.45 | 51 | Currency | PHYS vs UUP | |
| Direxion Daily MU Bull 2X Shares | -0.14 | -0.14 | -0.14 | 99 | Leveraged Equities, Semiconductors | PHYS vs MUU | |
| Alerian MLP ETF | -0.04 | 0.10 | 0.13 | 54 | MLPs | PHYS vs AMLP | |
| PIMCO Enhanced Short Maturity Active ETF | -0.03 | -0.02 | 0.10 | 100 | Ultrashort Bond | PHYS vs MINT | |
| F/m US Treasury 3 Month Bill ETF | -0.01 | 0.02 | 0.05 | 100 | Ultrashort Bond | PHYS vs TBIL |
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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 -0.14, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.14 | -0.02 | 0.02 | 81 | Consumer Defensive | |
| EOG Resources, Inc. | -0.09 | 0.06 | 0.11 | 63 | Energy | |
| Enterprise Products Partners L.P. | -0.08 | 0.05 | 0.11 | 87 | Energy | |
| Diamondback Energy, Inc. | -0.08 | 0.05 | 0.07 | 77 | Energy | |
| Chubb Limited | -0.07 | -0.02 | 0.00 | 86 | Financial Services |
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Build a portfolio that complements PHYS
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