Looking to diversify beyond UBT? The ETFs below have the lowest correlation with UBT — 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 UBT.
Best Diversifiers for UBT
1221 ETFs have low correlation with UBT (below 0.3), 59 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.40, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.40 | -0.41 | -0.42 | 61 | Leveraged Currency | UBT vs YCS | |
| VanEck Commodity Strategy ETF | -0.27 | -0.12 | -0.12 | 55 | Commodities | UBT vs PIT | |
| Fidelity Managed Futures ETF | -0.27 | -0.27 | -0.27 | 64 | Systematic Trend | UBT vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.27 | -0.12 | -0.13 | 70 | Commodities | UBT vs FAAR | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.24 | -0.10 | -0.11 | 53 | Commodities | UBT vs FTGC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UBT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UBT and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.00, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.00 | 0.03 | 0.02 | 76 | Technology | |
| Tesla, Inc. | 0.05 | 0.08 | 0.02 | 59 | Consumer Cyclical | |
| Amazon.com, Inc | 0.10 | 0.06 | 0.06 | 52 | Consumer Cyclical | |
| Apple Inc | 0.15 | 0.14 | 0.07 | 88 | Technology | |
| Alphabet Inc. Class A | 0.15 | 0.07 | 0.03 | 96 | Communication Services |
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