Looking to diversify beyond ULST? The ETFs below have the lowest correlation with ULST — 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 ULST.
Best Diversifiers for ULST
1268 ETFs have low correlation with ULST (below 0.3), 87 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.39, down from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.39 | -0.19 | -0.13 | 60 | Oil & Gas | ULST vs UGA | |
| ProShares UltraShort Yen | -0.31 | -0.34 | -0.24 | 73 | Leveraged Currency | ULST vs YCS | |
| Fidelity Managed Futures ETF | -0.27 | — | — | 60 | Systematic Trend | ULST vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.25 | -0.10 | -0.08 | 77 | Commodities | ULST vs FAAR | |
| VanEck Commodity Strategy ETF | -0.23 | -0.08 | — | 59 | Commodities | ULST vs PIT |
See all 1451 diversifiers for ULST
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