Looking to diversify beyond CARU? The ETFs below have the lowest correlation with CARU — 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 CARU.
Best Diversifiers for CARU
312 ETFs have low correlation with CARU (below 0.3), 36 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.26, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.26 | -0.02 | -0.02 | 55 | Oil & Gas | CARU vs UGA | |
| ProShares UltraShort Yen | -0.22 | -0.10 | -0.10 | 63 | Leveraged Currency | CARU vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | 0.02 | 0.02 | 98 | Inflation-Protected Bonds | CARU vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | -0.13 | -0.13 | 97 | Inflation-Protected Bonds | CARU vs RBIL | |
| VanEck Commodity Strategy ETF | -0.13 | 0.03 | 0.03 | 57 | Commodities | CARU vs PIT |
See all 1948 diversifiers for CARU
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