Looking to diversify beyond SGOL? The ETFs below have the lowest correlation with SGOL — 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 SGOL.
Best Diversifiers for SGOL
1147 ETFs have low correlation with SGOL (below 0.3), 22 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.23, up from -0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.23 | -0.27 | -0.38 | 73 | Leveraged Currency | SGOL vs YCS | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.22 | — | — | 62 | Inverse Equities, Leveraged Equities | SGOL vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.21 | — | — | 63 | Derivative Income | SGOL vs WNTR | |
| TCW AAA CLO ETF | -0.13 | — | — | 99 | CLO | SGOL vs ACLO | |
| iShares Enhanced Short-Term Bond Active ETF | -0.10 | — | — | 99 | Ultrashort Bond | SGOL vs CSHP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SGOL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SGOL 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 | 78 | Consumer Defensive | |
| Aneka Tambang Persero Tbk Perusahaan Perseroan PT ... | -0.13 | -0.03 | -0.01 | 60 | Basic Materials | |
| Virtu Financial, Inc. | -0.07 | 0.04 | 0.06 | 76 | Financial Services | |
| Enterprise Products Partners L.P. | -0.07 | 0.07 | 0.12 | 85 | Energy | |
| Verizon Communications Inc. | -0.05 | 0.06 | 0.08 | 66 | Communication Services |
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