Looking to diversify beyond OUSM? The ETFs below have the lowest correlation with OUSM — 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 OUSM.
Best Diversifiers for OUSM
249 ETFs have low correlation with OUSM (below 0.3), 28 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.18, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.18 | -0.03 | -0.03 | 100 | Government Bonds, Ultrashort Bond | OUSM vs USFR | |
| ProShares UltraShort Yen | -0.17 | -0.08 | -0.05 | 61 | Leveraged Currency | OUSM vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | OUSM vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | — | — | 99 | Ultrashort Bond | OUSM vs CSHP | |
| First Trust Alternative Absolute Return Strategy E... | -0.11 | -0.02 | 0.00 | 70 | Commodities | OUSM vs FAAR |
See all 1565 diversifiers for OUSM
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