Looking to diversify beyond NUKX? The ETFs below have the lowest correlation with NUKX — 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 NUKX.
Best Diversifiers for NUKX
119 ETFs have low correlation with NUKX (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.50, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.50 | -0.50 | -0.50 | 57 | Cryptocurrency | NUKX vs BITI | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.37 | -0.37 | -0.37 | 98 | Inflation-Protected Bonds | NUKX vs IBIC | |
| Invesco DB Energy Fund | -0.36 | -0.36 | -0.36 | 53 | Oil & Gas | NUKX vs DBE | |
| Alerian MLP ETF | -0.28 | -0.28 | -0.28 | 54 | MLPs | NUKX vs AMLP | |
| Fidelity MSCI Energy Index ETF | -0.27 | -0.27 | -0.27 | 51 | Energy Equities | NUKX vs FENY |
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