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
359 ETFs have low correlation with UCON (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.52, down from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.52 | -0.38 | -0.36 | 63 | Leveraged Currency | UCON vs YCS | |
| United States Gasoline Fund LP | -0.42 | -0.20 | -0.10 | 55 | Oil & Gas | UCON vs UGA | |
| Fidelity Managed Futures ETF | -0.32 | — | — | 64 | Systematic Trend | UCON vs FFUT | |
| VanEck Commodity Strategy ETF | -0.29 | -0.13 | — | 57 | Commodities | UCON vs PIT | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.26 | -0.12 | -0.12 | 50 | Commodities | UCON vs CMDT |
See all 1456 diversifiers for UCON
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