Looking to diversify beyond AMUN? The ETFs below have the lowest correlation with AMUN — 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 AMUN.
Best Diversifiers for AMUN
1894 ETFs have low correlation with AMUN (below 0.3), 288 of which are negatively correlated. The least correlated is TrueShares Eagle Global Renewable Energy Income ETF (RNWZ) (Energy Equities) with a 1Y correlation of -0.12, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TrueShares Eagle Global Renewable Energy Income ET... | -0.12 | -0.12 | -0.12 | 76 | Energy Equities | AMUN vs RNWZ | |
| Invesco Managed Futures Strategy ETF | -0.12 | -0.12 | -0.12 | 72 | Systematic Trend | AMUN vs IMF | |
| KraneShares Bosera MSCI China A Share ETF | -0.11 | -0.11 | -0.11 | 76 | China Equities, Asia Pacific Equities | AMUN vs KBA | |
| Cambria Foreign Shareholder Yield ETF | -0.11 | -0.11 | -0.11 | 90 | Global Equities | AMUN vs FYLD | |
| Fidelity Managed Futures ETF | -0.11 | -0.11 | -0.11 | 54 | Systematic Trend | AMUN vs FFUT |
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