Looking to diversify beyond URNM? The ETFs below have the lowest correlation with URNM — 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 URNM.
Best Diversifiers for URNM
460 ETFs have low correlation with URNM (below 0.3), 44 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brookstone Ultra-Short Bond ETF | -0.18 | — | — | 98 | Ultrashort Bond | URNM vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 95 | Inflation-Protected Bonds | URNM vs IBID | |
| iShares 0-3 Month Treasury Bond ETF | -0.15 | -0.08 | -0.05 | 100 | Ultrashort Bond | URNM vs SGOV | |
| ProShares UltraShort Yen | -0.14 | -0.05 | -0.06 | 61 | Leveraged Currency | URNM vs YCS | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.13 | -0.07 | -0.03 | 100 | Government Bonds, Ultrashort Bond | URNM vs BIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from URNM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to URNM and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.19, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.19 | -0.06 | 0.05 | 74 | Consumer Defensive | |
| Duke Energy Corporation | -0.11 | -0.02 | 0.02 | 62 | Utilities | |
| Altria Group, Inc. | -0.11 | -0.07 | 0.04 | 70 | Consumer Defensive | |
| Chubb Limited | -0.10 | -0.00 | 0.10 | 68 | Financial Services | |
| CVS Health Corporation | -0.09 | 0.01 | 0.10 | 85 | Healthcare |
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