Looking to diversify beyond ULTI? The ETFs below have the lowest correlation with ULTI — 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 ULTI.
Best Diversifiers for ULTI
0 ETFs have low correlation with ULTI (below 0.3), 0 of which are negatively correlated. The least correlated is Global X Dow 30 Covered Call ETF (DJIA) (Derivative Income) with a 1Y correlation of 0.32, roughly unchanged from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X Dow 30 Covered Call ETF | 0.32 | 0.32 | 0.32 | 56 | Derivative Income | ULTI vs DJIA | |
| FT Vest SMID Rising Dividend Achievers Target Inco... | 0.35 | — | — | 52 | Derivative Income | ULTI vs SDVD | |
| Global X S&P 500 Covered Call ETF | 0.50 | 0.50 | 0.50 | 78 | Derivative Income, S&P 500 | ULTI vs XYLD | |
| Blackrock Advantage Large Cap Income ETF | 0.51 | 0.51 | 0.51 | 74 | Derivative Income | ULTI vs BALI | |
| WisdomTree Equity Premium Income Fund | 0.51 | 0.51 | 0.51 | 55 | Derivative Income | ULTI vs WTPI |
See all 17 diversifiers for ULTI
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