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Global X 0-3 Month U.S. T-Bill ETF USD (UBIL-U.TO) Diversifiers

ETF · Currency in USD · Last updated Jun 4, 2026

UBIL.U seeks to provide interest income through exposure to U.S. Treasury Bills with remaining maturities generally less than 3 months, offering a stable and secure interest-bearing alternative to U.S. dollar cash holdings with potentially lower credit and interest rate risks.

Looking to diversify beyond UBIL-U.TO? The ETFs below have the lowest correlation with UBIL-U.TO — 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 UBIL-U.TO.

Best Diversifiers for UBIL-U.TO

14 ETFs have low correlation with UBIL-U.TO (below 0.3), 3 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
HBNK.TO
Global X Equal Weight Banks Index ETF-0.21——
96
Financials EquitiesUBIL-U.TO vs HBNK.TO
HXT.TO
Global X S&P/TSX 60 Corporate Class ETF-0.20-0.29—
81
Canada EquitiesUBIL-U.TO vs HXT.TO
ZMMK.TO
BMO Money Market Fund ETF Series-0.10-0.06—
100
Money MarketUBIL-U.TO vs ZMMK.TO
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF0.03——
81
Nasdaq-100, Derivative IncomeUBIL-U.TO vs QQCL.TO
CHPS.TO
Global X Artificial Intelligence Semiconductor Ind...0.050.01—
94
Semiconductors, Technology EquitiesUBIL-U.TO vs CHPS.TO
See all 14 diversifiers for UBIL-U.TO

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Diversification Analysis

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