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
189 ETFs have low correlation with PHYS (below 0.3), 4 of which are negatively correlated. The least correlated is PIMCO Enhanced Short Maturity Active ETF (MINT) (Ultrashort Bond) with a 1Y correlation of -0.07, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Enhanced Short Maturity Active ETF | -0.07 | -0.03 | 0.09 | 100 | Ultrashort Bond | PHYS vs MINT | |
| F/m US Treasury 3 Month Bill ETF | -0.06 | 0.02 | — | 100 | Ultrashort Bond | PHYS vs TBIL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.04 | -0.01 | 0.03 | 100 | Government Bonds, Ultrashort Bond | PHYS vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.00 | -0.00 | 0.02 | 100 | Ultrashort Bond | PHYS vs SGOV | |
| iShares Floating Rate Bond ETF | 0.01 | -0.01 | 0.05 | 98 | Ultrashort Bond, Corporate Bonds | PHYS vs FLOT |
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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 | 72 | Consumer Defensive | |
| Enterprise Products Partners L.P. | -0.08 | 0.06 | 0.11 | 85 | Energy | |
| Energy Transfer LP | -0.04 | 0.08 | 0.10 | 72 | Energy | |
| Chevron Corporation | -0.04 | 0.06 | 0.10 | 70 | Energy | |
| Palo Alto Networks, Inc. | -0.03 | 0.01 | 0.02 | 69 | Technology |
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Build a portfolio that complements PHYS
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