Looking to diversify beyond AUSM? The ETFs below have the lowest correlation with AUSM — 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 AUSM.
Best Diversifiers for AUSM
3 ETFs have low correlation with AUSM (below 0.3), 1 of which are negatively correlated. The least correlated is iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO) (Municipal Bonds) with a 1Y correlation of -0.09, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Dec 2026 Term Muni Bond ETF | -0.09 | -0.09 | -0.09 | 88 | Municipal Bonds | AUSM vs IBMO | |
| Goldman Sachs Community Municipal Bond ETF | 0.12 | 0.12 | 0.12 | 55 | Municipal Bonds | AUSM vs GMUN | |
| SPDR Nuveen Bloomberg Barclays High Yield Municipa... | 0.13 | 0.13 | 0.13 | 55 | Municipal Bonds | AUSM vs HYMB |
Diversification Analysis
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