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
237 ETFs have low correlation with ASMU (below 0.3), 89 of which are negatively correlated. The least correlated is ProShares K-1 Free Crude Oil Strategy ETF (OILK) (Oil & Gas) with a 1Y correlation of -0.52, roughly unchanged from -0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares K-1 Free Crude Oil Strategy ETF | -0.52 | -0.52 | -0.52 | 55 | Oil & Gas | ASMU vs OILK | |
| DoubleLine Commodity Strategy ETF | -0.50 | — | — | 76 | Commodities | ASMU vs DCMT | |
| Invesco DB Commodity Index Tracking Fund | -0.48 | -0.48 | -0.48 | 75 | Commodities | ASMU vs DBC | |
| Defiance Oil Enhanced Options Income ETF | -0.48 | — | — | 56 | Derivative Income | ASMU vs USOY | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.47 | -0.47 | -0.47 | 74 | Commodities | ASMU vs PDBC |
See all 2078 diversifiers for ASMU
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ASMU
Add ASMU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ASMU