Looking to diversify beyond AMUB? The ETFs below have historically moved differently from AMUB, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for AMUB
2095 ETFs have low correlation with AMUB (below 0.3), 1152 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco BulletShares 2034 Municipal Bond ETF | -0.26 | — | — | 64 | Municipal Bonds | AMUB vs BSMY | |
| Eaton Vance Intermediate Municipal Income ETF | -0.24 | — | — | 76 | Municipal Bonds | AMUB vs EVIM | |
| Vanguard Tax-Exempt Bond ETF | -0.23 | 0.00 | 0.01 | 74 | Municipal Bonds | AMUB vs VTEB | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.23 | -0.04 | — | 65 | Municipal Bonds | AMUB vs BSMW | |
| BondBloxx IR+M Tax-Aware Intermediate Duration ETF | -0.23 | — | — | 62 | Municipal Bonds | AMUB vs TXXI |
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