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Looking to diversify beyond URNJ? The ETFs below have the lowest correlation with URNJ — 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 URNJ.

Best Diversifiers for URNJ

468 ETFs have low correlation with URNJ (below 0.3), 46 of which are negatively correlated.


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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from URNJ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to URNJ and solid risk/return profiles. The least correlated is Bank of America Corporation (BAC) (Financial Services) with a 1Y correlation of 0.21, roughly unchanged from 0.18 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Bank of America Corporation0.210.160.18
75
Financial Services
Uranium Energy Corp.0.840.84
70
Energy

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Diversification Analysis

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