Looking to diversify beyond HYUP? The ETFs below have the lowest correlation with HYUP — 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 HYUP.
Best Diversifiers for HYUP
227 ETFs have low correlation with HYUP (below 0.3), 74 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.38, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.38 | -0.07 | 0.06 | 66 | Oil & Gas | HYUP vs USO | |
| Invesco DB Energy Fund | -0.38 | -0.07 | 0.07 | 71 | Oil & Gas | HYUP vs DBE | |
| United States Brent Oil Fund LP | -0.37 | -0.07 | 0.06 | 65 | Oil & Gas | HYUP vs BNO | |
| Invesco DB Oil Fund | -0.35 | -0.06 | 0.07 | 65 | Oil & Gas | HYUP vs DBO | |
| Defiance Oil Enhanced Options Income ETF | -0.35 | — | — | 56 | Derivative Income | HYUP vs USOY |
See all 2115 diversifiers for HYUP
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