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
1420 ETFs have low correlation with ULST (below 0.3), 160 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.38, 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 | -0.38 | -0.18 | -0.13 | 69 | Oil & Gas | ULST vs UGA | |
| United States Brent Oil Fund LP | -0.36 | -0.16 | -0.12 | 65 | Oil & Gas | ULST vs BNO | |
| Invesco DB Energy Fund | -0.36 | -0.16 | -0.12 | 71 | Oil & Gas | ULST vs DBE | |
| ProShares Ultra Bloomberg Crude Oil | -0.35 | -0.15 | -0.12 | 54 | Leveraged Commodities | ULST vs UCO | |
| United States 12 Month Oil Fund LP | -0.35 | -0.15 | -0.12 | 56 | Oil & Gas | ULST vs USL |
See all 1594 diversifiers for ULST
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