Looking to diversify beyond ULVM? The ETFs below have the lowest correlation with ULVM — 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 ULVM.
Best Diversifiers for ULVM
194 ETFs have low correlation with ULVM (below 0.3), 25 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.23, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.23 | -0.02 | 0.14 | 71 | Oil & Gas | ULVM vs DBE | |
| United States Brent Oil Fund LP | -0.22 | -0.01 | 0.13 | 65 | Oil & Gas | ULVM vs BNO | |
| Invesco DB Oil Fund | -0.20 | -0.00 | 0.14 | 65 | Oil & Gas | ULVM vs DBO | |
| iShares Commodities Select Strategy ETF | -0.15 | 0.05 | 0.19 | 72 | Commodities | ULVM vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.14 | 0.05 | 0.20 | 72 | Commodities | ULVM vs GSG |
See all 1220 diversifiers for ULVM
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements ULVM
Add ULVM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with ULVM