Looking to diversify beyond ULTY? The ETFs below have the lowest correlation with ULTY — 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 ULTY.
Best Diversifiers for ULTY
341 ETFs have low correlation with ULTY (below 0.3), 51 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.20 | — | — | 71 | Oil & Gas | ULTY vs DBE | |
| United States Oil Fund LP | -0.19 | — | — | 66 | Oil & Gas | ULTY vs USO | |
| United States Brent Oil Fund LP | -0.17 | — | — | 65 | Oil & Gas | ULTY vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.16 | — | — | 56 | Derivative Income | ULTY vs USOY | |
| United States Gasoline Fund LP | -0.16 | — | — | 69 | Oil & Gas | ULTY vs UGA |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from ULTY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to ULTY and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.24, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.24 | -0.11 | -0.11 | 51 | Financial Services | |
| Verizon Communications Inc. | -0.21 | -0.13 | -0.13 | 59 | Communication Services | |
| The Coca-Cola Company | -0.20 | -0.11 | -0.11 | 66 | Consumer Defensive | |
| Duke Energy Corporation | -0.19 | -0.16 | -0.16 | 53 | Utilities | |
| Johnson & Johnson | -0.16 | -0.13 | -0.13 | 92 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements ULTY
Add ULTY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ULTY