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
1083 ETFs have low correlation with UCIB (below 0.3), 646 of which are negatively correlated. The least correlated is iShares Yield Optimized Bond ETF (BYLD) (Intermediate Core-Plus Bond) with a 1Y correlation of -0.26, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Yield Optimized Bond ETF | -0.26 | -0.01 | 0.02 | 52 | Intermediate Core-Plus Bond | UCIB vs BYLD | |
| Invesco BulletShares 2032 Municipal Bond ETF | -0.25 | -0.06 | — | 71 | Municipal Bonds | UCIB vs BSMW | |
| Fidelity Municipal Bond Opportunities ETF | -0.25 | — | — | 84 | Municipal Bonds | UCIB vs FMUB | |
| First Trust California Municipal High Income ETF | -0.25 | -0.10 | -0.04 | 83 | Municipal Bonds | UCIB vs FCAL | |
| Avantis Credit ETF | -0.24 | — | — | 54 | Global Bonds | UCIB vs AVGB |
See all 1123 diversifiers for UCIB
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements UCIB
Add UCIB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UCIB