Looking to diversify beyond NUAG? The ETFs below have the lowest correlation with NUAG — 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 NUAG.
Best Diversifiers for NUAG
284 ETFs have low correlation with NUAG (below 0.3), 28 of which are negatively correlated. The least correlated is Fidelity Managed Futures ETF (FFUT) (Systematic Trend) with a 1Y correlation of -0.30, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.30 | -0.30 | -0.30 | 60 | Systematic Trend | NUAG vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.26 | -0.12 | -0.10 | 77 | Commodities | NUAG vs FAAR | |
| Bastion Energy ETF | -0.24 | -0.24 | -0.24 | 81 | Energy Equities | NUAG vs BESF | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.23 | -0.07 | -0.04 | 58 | Commodities | NUAG vs FTGC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.23 | -0.20 | -0.20 | 99 | Ultrashort Bond | NUAG vs CSHP |
See all 1052 diversifiers for NUAG
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