Looking to diversify beyond UBND? The ETFs below have the lowest correlation with UBND — 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 UBND.
Best Diversifiers for UBND
449 ETFs have low correlation with UBND (below 0.3), 48 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.42, down from -0.23 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.42 | -0.23 | — | 53 | Oil & Gas | UBND vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.38 | -0.20 | — | 51 | Commodities | UBND vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.35 | -0.16 | — | 54 | Commodities | UBND vs DBC | |
| DoubleLine Commodity Strategy ETF | -0.35 | -0.21 | -0.21 | 51 | Commodities | UBND vs DCMT | |
| Fidelity Managed Futures ETF | -0.32 | -0.33 | -0.33 | 71 | Systematic Trend | UBND vs FFUT |
See all 1125 diversifiers for UBND
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