Looking to diversify beyond UCIB? The ETFs below have the lowest correlation with UCIB — 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 UCIB.
Best Diversifiers for UCIB
1109 ETFs have low correlation with UCIB (below 0.3), 822 of which are negatively correlated. The least correlated is Invesco BulletShares 2032 Municipal Bond ETF (BSMW) (Municipal Bonds) with a 1Y correlation of -0.27, down from -0.06 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco BulletShares 2032 Municipal Bond ETF | -0.27 | -0.06 | — | 64 | Municipal Bonds | UCIB vs BSMW | |
| iShares Yield Optimized Bond ETF | -0.25 | -0.00 | 0.02 | 52 | Intermediate Core-Plus Bond | UCIB vs BYLD | |
| Federated Hermes Short Duration Corporate ETF | -0.25 | -0.03 | — | 59 | Short-Term Bond | UCIB vs FCSH | |
| Dimensional Short-Duration Fixed Income ETF | -0.23 | -0.04 | — | 63 | Short-Term Bond | UCIB vs DFSD | |
| Avantis Credit ETF | -0.23 | — | — | 50 | Global Bonds | UCIB vs AVGB |
See all 1135 diversifiers for UCIB
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