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
679 ETFs have low correlation with UBND (below 0.3), 53 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.43, down from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.43 | -0.23 | -0.16 | 71 | Oil & Gas | UBND vs DBE | |
| Invesco DB Oil Fund | -0.40 | -0.22 | — | 65 | Oil & Gas | UBND vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.38 | -0.18 | -0.12 | 71 | Commodities | UBND vs GSG | |
| United States Brent Oil Fund LP | -0.38 | -0.21 | -0.16 | 65 | Oil & Gas | UBND vs BNO | |
| iShares Commodities Select Strategy ETF | -0.37 | -0.19 | — | 71 | Commodities | UBND vs COMT |
See all 1148 diversifiers for UBND
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