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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 24, 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), 10 of which are negatively correlated.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
QQCL.TO
Global X Enhanced NASDAQ-100 Covered Call ETF-0.07——
76
Nasdaq-100, Derivative IncomeUBIL-U.TO vs QQCL.TO
USCL.TO
Global X Enhanced S&P 500 Covered Call ETF-0.07-0.00—
76
Derivative Income, S&P 500UBIL-U.TO vs USCL.TO
QQCC.TO
Global X NASDAQ-100 Covered Call ETF-0.05-0.01—
77
Nasdaq-100, Derivative IncomeUBIL-U.TO vs QQCC.TO
HXS.TO
Global X S&P 500 Index Corporate Class ETF-0.040.02—
69
S&P 500UBIL-U.TO vs HXS.TO
VVSG.TO
Vanguard Canadian Ultra-Short Government Bond Inde...-0.04——
99
Canadian Government Bonds, Ultrashort BondUBIL-U.TO vs VVSG.TO
See all 14 diversifiers for UBIL-U.TO

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Diversification Analysis

Build a portfolio that complements UBIL-U.TO

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Analyze a portfolio with UBIL-U.TO