Looking to diversify beyond UCRD? The ETFs below have the lowest correlation with UCRD — 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 UCRD.
Best Diversifiers for UCRD
227 ETFs have low correlation with UCRD (below 0.3), 23 of which are negatively correlated. The least correlated is Fidelity Managed Futures ETF (FFUT) (Systematic Trend) with a 1Y correlation of -0.27, roughly unchanged from -0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.27 | -0.28 | -0.28 | 64 | Systematic Trend | UCRD vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | -0.10 | -0.08 | 70 | Commodities | UCRD vs FAAR | |
| iShares Enhanced Short-Term Bond Active ETF | -0.21 | -0.17 | -0.17 | 99 | Ultrashort Bond | UCRD vs CSHP | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.20 | -0.10 | -0.10 | 50 | Commodities | UCRD vs CERY | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.20 | -0.05 | -0.02 | 53 | Commodities | UCRD vs FTGC |
See all 1139 diversifiers for UCRD
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