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52 Stocks and 48 ETFs for diversifying Gold Royalty (GROY)

The least correlated asset to Gold Royalty (GROY) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with GROY

SymbolName
Market cap
SectorIndustry
Correlation
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.67
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.59
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.57
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.57
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.56
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.56
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.55
OFALOFA Group$10MIndustrialsEngineering & Construction-0.55
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.54
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.53
HMRSports Properties Acquisition Corp$73MIndustrialsMarine Shipping-0.53
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.53
BRLSBorealis Foods Inc - Class A$31MConsumer DefensivePackaged Foods-0.52
PTLEPTL Ltd$70MConsumer CyclicalSpecialty Retail-0.51
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.50
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.48
TRONCorner Growth Acquisition Corp 2 - Class A$996MConsumer CyclicalLeisure-0.48
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.48
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.47
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.47
PFAIPinnacle Food Group Ltd - Class A$46MConsumer DefensiveFarm Products-0.47
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.46
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.45
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.43
DHCADHC Acquisition Corp - Class A$16MN/AN/A-0.43
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.42
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.41
JLHLJulong Holding Ltd - Class A$457MIndustrialsBuilding Products & Equipment-0.41
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.40
FLOCFlowco Holdings Inc - Class A$2.18BEnergyOil & Gas Equipment & Services-0.40
SORATop Win International Ltd$65MConsumer CyclicalLuxury Goods-0.39
SDHISiddhi Acquisition Corp - Class A$287MFinancial ServicesShell Companies-0.39
ADVBAdvanced Biomed Inc$5.36MHealthcareDiagnostics & Research-0.39
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.38
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.38
CCIXChurchill Capital Corp IX$310MFinancial ServicesShell Companies-0.38
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.38
NTCLNetClass Technology Inc - Class A$8.13MTechnologySoftware - Application-0.37
ZBAIATIF Holdings Ltd$155MFinancial ServicesCapital Markets-0.37
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.36
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.36
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.36
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.36
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.35
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.35
PRMBPrimo Brands Corp - Class A$8.97BConsumer DefensiveBeverages - Non-alcoholic-0.35
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.34
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.34
TRUGTruGolf Holdings Inc - Class A$1.24MConsumer CyclicalLeisure-0.34
ULSUL Solutions Inc - Class A$20BIndustrialsSpecialty Business Services-0.34
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$69MFinancial ServicesShell Companies-0.34
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.32

ETFs that lowly correlated with GROY

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.52
GLLProShares UltraShort Gold -2x Shares$115MN/ADec 1, 2008-0.50
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.50
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.50
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.48
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.47
DULLBank of Montreal$15MN/AFeb 21, 2023-0.47
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.47
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.47
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.46
HOLDAdvisorShares North Square McKee Core Reserves ETF$8.20MN/AAug 13, 2025-0.44
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.44
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.43
CSCLDirexion Daily CSCO Bull 2X ETF$5MN/AJun 24, 2025-0.42
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.42
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.42
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.42
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.41
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.41
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.41
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.41
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $29M0.98%Dec 10, 2024-0.41
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.40
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.40
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.40
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.40
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.40
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.40
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.39
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.39
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.39
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.38
DGZDeutsche Bank AG London$1.60M0.75%Feb 27, 2008-0.38
EUOProShares UltraShort Euro -2X Shares$38MN/ANov 24, 2008-0.37
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.37
USDXSGI ENHANCED CORE ETF $319M1.08%Feb 28, 2024-0.37
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.36
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.36
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.36
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.35
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.35
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.35
REFAINVESCO INTERNATIONAL REVENUE ETF$5.40M0.32%Dec 11, 2025-0.35
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.34
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.33
DLLLGRANITESHARES 2X LONG DELL DAILY ETF $24MN/AFeb 12, 2025-0.33
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.33