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
194 ETFs have low correlation with XAUG (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, down from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.36 | -0.36 | 57 | Cryptocurrency | XAUG vs BITI | |
| Invesco DB Energy Fund | -0.23 | -0.08 | -0.08 | 53 | Oil & Gas | XAUG vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | XAUG vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.12 | -0.00 | -0.00 | 51 | Commodities | XAUG vs GSG | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.12 | — | — | 96 | Inflation-Protected Bonds | XAUG vs IBID |
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