Looking to diversify beyond USNZ? The ETFs below have historically moved differently from USNZ, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for USNZ
209 ETFs have low correlation with USNZ (below 0.3), 51 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.48, down from -0.37 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.48 | -0.37 | — | 61 | Cryptocurrency | USNZ vs BITI | |
| Alpha Architect Tail Risk ETF | -0.35 | -0.07 | — | 56 | Options Trading | USNZ vs CAOS | |
| Invesco DB Energy Fund | -0.30 | -0.11 | — | 72 | Oil & Gas | USNZ vs DBE | |
| United States Brent Oil Fund LP | -0.29 | -0.11 | — | 52 | Oil & Gas | USNZ vs BNO | |
| Invesco DB Oil Fund | -0.25 | -0.09 | — | 58 | Oil & Gas | USNZ vs DBO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements USNZ
Add USNZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with USNZ