Looking to diversify beyond UMAR? The ETFs below have the lowest correlation with UMAR — 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 UMAR.
Best Diversifiers for UMAR
177 ETFs have low correlation with UMAR (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.40, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.40 | -0.32 | -0.35 | 57 | Cryptocurrency | UMAR vs BITI | |
| Invesco DB Energy Fund | -0.23 | -0.08 | 0.06 | 53 | Oil & Gas | UMAR vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | UMAR vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | -0.02 | 0.10 | 51 | Commodities | UMAR vs GSG | |
| Brookstone Ultra-Short Bond ETF | -0.13 | -0.01 | -0.01 | 99 | Ultrashort Bond | UMAR vs BAMU |
See all 1154 diversifiers for UMAR
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