Looking to diversify beyond UBRL? The ETFs below have historically moved differently from UBRL, 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 UBRL
1000 ETFs have low correlation with UBRL (below 0.3), 59 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.22 | — | — | 61 | Cryptocurrency | UBRL vs BITI | |
| Alpha Architect Tail Risk ETF | -0.15 | — | — | 56 | Options Trading | UBRL vs CAOS | |
| Direxion Daily Energy Bull 2X Shares | -0.15 | — | — | 71 | Energy Equities, Leveraged Equities | UBRL vs ERX | |
| ProShares Ultra Oil & Gas | -0.14 | — | — | 71 | Leveraged Equities | UBRL vs DIG | |
| Brookstone Ultra-Short Bond ETF | -0.14 | — | — | 99 | Ultrashort Bond | UBRL vs BAMU |
See all 1262 diversifiers for UBRL
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements UBRL
Add UBRL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UBRL