Looking to diversify beyond NUGY? The ETFs below have the lowest correlation with NUGY — 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 NUGY.
Best Diversifiers for NUGY
151 ETFs have low correlation with NUGY (below 0.3), 4 of which are negatively correlated. The least correlated is TCW AAA CLO ETF (ACLO) (CLO) with a 1Y correlation of -0.11, roughly unchanged from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TCW AAA CLO ETF | -0.11 | -0.11 | -0.11 | 99 | CLO | NUGY vs ACLO | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.10 | -0.10 | -0.10 | 95 | Inflation-Protected Bonds | NUGY vs IBID | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.06 | -0.06 | -0.06 | 100 | Ultrashort Bond | NUGY vs BILZ | |
| iShares Enhanced Short-Term Bond Active ETF | -0.05 | -0.05 | -0.05 | 99 | Ultrashort Bond | NUGY vs CSHP | |
| Brookmont Catastrophic Bond ETF | 0.01 | 0.01 | 0.01 | 96 | Nontraditional Bonds | NUGY vs ILS |
See all 967 diversifiers for NUGY
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Diversification Analysis
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