Looking to balance out your exposure to PHYS? The ETFs below have historically moved differently from PHYS, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for PHYS
206 ETFs have low correlation with PHYS (below 0.3), 7 of which are negatively correlated. The least correlated is Alerian MLP ETF (AMLP) (MLPs) with a 1Y correlation of -0.06, down from 0.12 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alerian MLP ETF | -0.06 | 0.08 | 0.12 | 67 | MLPs | PHYS vs AMLP | |
| F/m US Treasury 3 Month Bill ETF | -0.02 | 0.02 | — | 100 | Ultrashort Bond | PHYS vs TBIL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.02 | 0.01 | 0.03 | 100 | Government Bonds, Ultrashort Bond | PHYS vs BIL | |
| State Street Energy Select Sector SPDR ETF | -0.01 | 0.09 | 0.12 | 75 | Energy Equities | PHYS vs XLE | |
| PIMCO Enhanced Short Maturity Active ETF | -0.01 | -0.01 | 0.10 | 100 | Ultrashort Bond | PHYS vs MINT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for PHYS, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.19, down from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.19 | -0.04 | 0.01 | 66 | Consumer Defensive | |
| Chubb Limited | -0.14 | -0.03 | -0.01 | 87 | Financial Services | |
| Enterprise Products Partners L.P. | -0.13 | 0.03 | 0.10 | 89 | Energy | |
| EOG Resources, Inc. | -0.12 | 0.04 | 0.11 | 73 | Energy | |
| ConocoPhillips Company | -0.08 | 0.03 | 0.09 | 73 | Energy |
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Build a portfolio that complements PHYS
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