Looking to diversify beyond TUA? The ETFs below have the lowest correlation with TUA — 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 TUA.
Best Diversifiers for TUA
1274 ETFs have low correlation with TUA (below 0.3), 63 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.50, roughly unchanged from -0.52 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.50 | -0.52 | — | 61 | Leveraged Currency | TUA vs YCS | |
| Fidelity Managed Futures ETF | -0.39 | -0.39 | -0.39 | 64 | Systematic Trend | TUA vs FFUT | |
| Bastion Energy ETF | -0.27 | -0.27 | -0.27 | 75 | Energy Equities | TUA vs BESF | |
| VanEck Commodity Strategy ETF | -0.26 | -0.12 | -0.11 | 55 | Commodities | TUA vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | -0.13 | -0.11 | 70 | Commodities | TUA vs FAAR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TUA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TUA and solid risk/return profiles. The least correlated is Callaway Golf Company (CALY) (Consumer Cyclical) with a 1Y correlation of 0.10, roughly unchanged from 0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Callaway Golf Company | 0.10 | 0.07 | — | 89 | Consumer Cyclical |
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