Looking to diversify beyond NYF? The ETFs below have the lowest correlation with NYF — 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 NYF.
Best Diversifiers for NYF
887 ETFs have low correlation with NYF (below 0.3), 73 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.35 | -0.36 | 72 | Leveraged Currency | NYF vs YCS | |
| Invesco DB Energy Fund | -0.31 | -0.19 | -0.13 | 57 | Oil & Gas | NYF vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.29 | -0.15 | -0.10 | 52 | Commodities | NYF vs COMT | |
| United States Gasoline Fund LP | -0.28 | -0.15 | -0.10 | 82 | Oil & Gas | NYF vs UGA | |
| DoubleLine Commodity Strategy ETF | -0.28 | -0.14 | -0.14 | 55 | Commodities | NYF vs DCMT |
See all 1573 diversifiers for NYF
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