Looking to diversify beyond UBOT? The ETFs below have the lowest correlation with UBOT — 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 UBOT.
Best Diversifiers for UBOT
309 ETFs have low correlation with UBOT (below 0.3), 77 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.32 | -0.07 | 0.05 | 71 | Oil & Gas | UBOT vs DBE | |
| United States Oil Fund LP | -0.31 | -0.07 | 0.04 | 66 | Oil & Gas | UBOT vs USO | |
| United States Brent Oil Fund LP | -0.29 | -0.06 | 0.05 | 65 | Oil & Gas | UBOT vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.28 | — | — | 56 | Derivative Income | UBOT vs USOY | |
| United States Gasoline Fund LP | -0.26 | -0.05 | 0.05 | 69 | Oil & Gas | UBOT vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UBOT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UBOT and solid risk/return profiles. The least correlated is German American Bancorp, Inc. (GABC) (Financial Services) with a 1Y correlation of 0.25, roughly unchanged from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| German American Bancorp, Inc. | 0.25 | 0.26 | 0.31 | 62 | Financial Services | |
| Applied Digital Corporation | 0.47 | 0.45 | 0.40 | 92 | Financial Services |
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