Looking to diversify beyond UCYB? The ETFs below have the lowest correlation with UCYB — 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 UCYB.
Best Diversifiers for UCYB
375 ETFs have low correlation with UCYB (below 0.3), 18 of which are negatively correlated. The least correlated is iShares Core High Dividend ETF (HDV) (Dividend) with a 1Y correlation of -0.11, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Core High Dividend ETF | -0.11 | 0.12 | 0.27 | 64 | Dividend, Large Cap Value Equities | UCYB vs HDV | |
| Breakwave Tanker Shipping ETF | -0.11 | -0.03 | -0.03 | 98 | Commodities | UCYB vs BWET | |
| iShares Enhanced Short-Term Bond Active ETF | -0.09 | — | — | 99 | Ultrashort Bond | UCYB vs CSHP | |
| Brookstone Ultra-Short Bond ETF | -0.07 | 0.02 | 0.02 | 98 | Ultrashort Bond | UCYB vs BAMU | |
| First Trust North American Energy Infrastructure F... | -0.06 | 0.20 | 0.31 | 65 | MLPs | UCYB vs EMLP |
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