Looking to diversify beyond UBOT? The ETFs below have historically moved differently from UBOT, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for UBOT
338 ETFs have low correlation with UBOT (below 0.3), 74 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.45 | — | — | 58 | Derivative Income | UBOT vs WNTR | |
| Invesco DB Energy Fund | -0.30 | -0.09 | 0.03 | 54 | Oil & Gas | UBOT vs DBE | |
| ProShares UltraShort Yen | -0.23 | -0.09 | -0.11 | 56 | Leveraged Currency | UBOT vs YCS | |
| United States Gasoline Fund, LP | -0.21 | -0.05 | 0.04 | 72 | Oil & Gas | UBOT vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | -0.20 | -0.20 | 97 | Inflation-Protected Bonds | UBOT vs RBIL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for UBOT, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is German American Bancorp, Inc. (GABC) (Financial Services) with a 1Y correlation of 0.13, down from 0.28 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| German American Bancorp, Inc. | 0.13 | 0.23 | 0.28 | 85 | Financial Services | |
| Applied Digital Corporation | 0.49 | 0.45 | 0.41 | 75 | Technology |
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