Looking to diversify beyond USNG? The ETFs below have the lowest correlation with USNG — 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 USNG.
Best Diversifiers for USNG
582 ETFs have low correlation with USNG (below 0.3), 118 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.26, roughly unchanged from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.26 | -0.24 | -0.24 | 57 | Cryptocurrency | USNG vs BITI | |
| Franklin Short Duration U.S. Government ETF | -0.22 | — | — | 96 | Mortgage Backed Securities | USNG vs FTSD | |
| JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ... | -0.18 | — | — | 89 | Government Bonds, Short-Term Bond | USNG vs BBSB | |
| Fidelity Low Duration Bond ETF | -0.15 | — | — | 98 | Short-Term Bond | USNG vs FLDB | |
| BNY Mellon Ultra Short Income ETF | -0.14 | — | — | 99 | Ultrashort Bond | USNG vs BKUI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from USNG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to USNG and solid risk/return profiles. The least correlated is Cheniere Energy, Inc. (LNG) (Energy) with a 1Y correlation of 0.36, roughly unchanged from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cheniere Energy, Inc. | 0.36 | 0.40 | 0.40 | 58 | Energy |
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