Looking to diversify beyond ASMU? The ETFs below have the lowest correlation with ASMU — 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 ASMU.
Best Diversifiers for ASMU
265 ETFs have low correlation with ASMU (below 0.3), 69 of which are negatively correlated. The least correlated is United States Commodity Index Fund (USCI) (Commodities) with a 1Y correlation of -0.33, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Commodity Index Fund | -0.33 | -0.33 | -0.33 | 55 | Commodities | ASMU vs USCI | |
| ProShares UltraShort Yen | -0.32 | -0.32 | -0.32 | 73 | Leveraged Currency | ASMU vs YCS | |
| First Trust Alternative Absolute Return Strategy E... | -0.31 | -0.31 | -0.31 | 79 | Commodities | ASMU vs FAAR | |
| Bastion Energy ETF | -0.31 | -0.31 | -0.31 | 85 | Energy Equities | ASMU vs BESF | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.31 | -0.31 | -0.31 | 56 | Commodities | ASMU vs SDCI |
See all 2038 diversifiers for ASMU
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