Looking to diversify beyond UCON? The ETFs below have the lowest correlation with UCON — 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 UCON.
Best Diversifiers for UCON
411 ETFs have low correlation with UCON (below 0.3), 75 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.50, down from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.50 | -0.36 | -0.35 | 51 | Currency | UCON vs UUP | |
| ProShares UltraShort Yen | -0.49 | -0.38 | -0.36 | 72 | Leveraged Currency | UCON vs YCS | |
| Invesco DB Energy Fund | -0.43 | -0.23 | -0.11 | 53 | Oil & Gas | UCON vs DBE | |
| United States Gasoline Fund LP | -0.42 | -0.21 | -0.11 | 78 | Oil & Gas | UCON vs UGA | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.38 | -0.19 | -0.08 | 51 | Commodities | UCON vs GSG |
See all 1552 diversifiers for UCON
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements UCON
Add UCON to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UCON