Looking to diversify beyond NUGO? The ETFs below have the lowest correlation with NUGO — 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 NUGO.
Best Diversifiers for NUGO
275 ETFs have low correlation with NUGO (below 0.3), 51 of which are negatively correlated. The least correlated is Alpha Architect Tail Risk ETF (CAOS) (Options Trading) with a 1Y correlation of -0.31, down from -0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alpha Architect Tail Risk ETF | -0.31 | -0.03 | — | 53 | Options Trading | NUGO vs CAOS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.26 | — | — | 98 | Inflation-Protected Bonds | NUGO vs IBIC | |
| iShares Core High Dividend ETF | -0.21 | -0.00 | — | 81 | Dividend, Large Cap Value Equities | NUGO vs HDV | |
| VanEck Energy Income ETF | -0.21 | 0.10 | — | 78 | Energy Equities | NUGO vs EINC | |
| Alerian Energy Infrastructure ETF | -0.21 | 0.10 | — | 75 | Energy Equities | NUGO vs ENFR |
See all 1213 diversifiers for NUGO
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