Looking to diversify beyond NUHY? The ETFs below have the lowest correlation with NUHY — 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 NUHY.
Best Diversifiers for NUHY
102 ETFs have low correlation with NUHY (below 0.3), 32 of which are negatively correlated. The least correlated is iPath Bloomberg Commodity Index Total Return ETN (DJP) (Commodities) with a 1Y correlation of -0.18, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iPath Bloomberg Commodity Index Total Return ETN | -0.18 | 0.03 | 0.14 | 53 | Commodities | NUHY vs DJP | |
| GraniteShares Bloomberg Commodity Broad Strategy N... | -0.17 | 0.03 | 0.15 | 52 | Commodities | NUHY vs COMB | |
| First Trust Alternative Absolute Return Strategy E... | -0.16 | -0.04 | -0.02 | 67 | Commodities | NUHY vs FAAR | |
| abrdn Bloomberg All Commodity Strategy K-1 Free ET... | -0.16 | 0.03 | 0.14 | 53 | Commodities | NUHY vs BCI | |
| iShares Bloomberg Roll Select Commodity Strategy E... | -0.16 | 0.03 | 0.14 | 52 | Commodities | NUHY vs CMDY |
See all 1125 diversifiers for NUHY
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