Looking to diversify beyond XAUG? The ETFs below have the lowest correlation with XAUG — 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 XAUG.
Best Diversifiers for XAUG
199 ETFs have low correlation with XAUG (below 0.3), 41 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.27, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.27 | -0.08 | -0.08 | 71 | Oil & Gas | XAUG vs DBE | |
| United States Brent Oil Fund LP | -0.25 | -0.07 | -0.07 | 65 | Oil & Gas | XAUG vs BNO | |
| Invesco DB Oil Fund | -0.22 | -0.05 | -0.05 | 65 | Oil & Gas | XAUG vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | -0.05 | -0.05 | 98 | Inflation-Protected Bonds | XAUG vs IBIC | |
| iShares Commodities Select Strategy ETF | -0.18 | -0.01 | -0.01 | 71 | Commodities | XAUG vs COMT |
See all 1156 diversifiers for XAUG
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