Looking to diversify beyond AUMI? The ETFs below have the lowest correlation with AUMI — 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 AUMI.
Best Diversifiers for AUMI
602 ETFs have low correlation with AUMI (below 0.3), 53 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.45 | — | — | 51 | Currency | AUMI vs UUP | |
| ProShares Short Bitcoin ETF | -0.32 | -0.21 | -0.21 | 57 | Cryptocurrency | AUMI vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.32 | -0.21 | -0.21 | 52 | Cryptocurrency, Leveraged Cryptocurrency | AUMI vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.29 | — | — | 60 | Inverse Equities | AUMI vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | — | — | 68 | Inverse Equities, Leveraged Equities | AUMI vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AUMI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AUMI and solid risk/return profiles. The least correlated is Rivian Automotive, Inc. (RIVN) (Consumer Cyclical) with a 1Y correlation of 0.17, roughly unchanged from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Rivian Automotive, Inc. | 0.17 | 0.14 | 0.14 | 63 | Consumer Cyclical | |
| Talen Energy Corporation | 0.27 | 0.23 | 0.23 | 69 | Utilities | |
| Impala Platinum Holdings Limited ADR | 0.72 | 0.59 | 0.59 | 54 | Basic Materials | |
| Alamos Gold Inc. | 0.86 | — | — | 50 | Basic Materials | |
| Pan American Silver Corp. | 0.87 | — | — | 68 | Basic Materials |
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