Looking to diversify beyond NUMG? The ETFs below have the lowest correlation with NUMG — 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 NUMG.
Best Diversifiers for NUMG
219 ETFs have low correlation with NUMG (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.42, roughly unchanged from -0.35 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.42 | -0.35 | — | 52 | Cryptocurrency | NUMG vs BITI | |
| Invesco DB Energy Fund | -0.23 | -0.09 | 0.05 | 57 | Oil & Gas | NUMG vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | NUMG vs IBIC | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.14 | -0.02 | 0.08 | 52 | Commodities | NUMG vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.14 | -0.00 | 0.11 | 54 | Commodities | NUMG vs GSG |
See all 1154 diversifiers for NUMG
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