Looking to diversify beyond UFOX? The ETFs below have the lowest correlation with UFOX — 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 UFOX.
Best Diversifiers for UFOX
1 ETFs have low correlation with UFOX (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.24, down from 0.56 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.24 | 0.40 | 0.56 | 77 | Dividend | UFOX vs SCHD | |
| Franklin International Low Volatility High Dividen... | 0.31 | 0.39 | 0.48 | 93 | Volatility Hedged Equity, Dividend | UFOX vs LVHI | |
| Invesco DB Base Metals Fund | 0.38 | 0.34 | 0.31 | 54 | Metals | UFOX vs DBB | |
| SPDR S&P Biotech ETF | 0.39 | 0.47 | 0.54 | 90 | Health & Biotech Equities | UFOX vs XBI | |
| Cambria Foreign Shareholder Yield ETF | 0.41 | 0.46 | 0.56 | 91 | Global Equities | UFOX vs FYLD |
See all 87 diversifiers for UFOX
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