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
277 ETFs have low correlation with NUAG (below 0.3), 50 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.42, down from -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.42 | -0.22 | -0.14 | 57 | Oil & Gas | NUAG vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.38 | -0.19 | -0.11 | 52 | Commodities | NUAG vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.37 | -0.17 | -0.10 | 54 | Commodities | NUAG vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.36 | — | — | 52 | Commodities | NUAG vs DCMT | |
| Fidelity Managed Futures ETF | -0.34 | — | — | 81 | Systematic Trend | NUAG vs FFUT |
See all 1142 diversifiers for NUAG
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