Looking to diversify beyond UMDD? The ETFs below have the lowest correlation with UMDD — 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 UMDD.
Best Diversifiers for UMDD
136 ETFs have low correlation with UMDD (below 0.3), 18 of which are negatively correlated. The least correlated is iShares iBonds Oct 2026 Term TIPS ETF (IBIC) (Inflation-Protected Bonds) with a 1Y correlation of -0.15, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | -0.01 | -0.01 | 98 | Inflation-Protected Bonds | UMDD vs IBIC | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | 0.03 | 0.03 | 99 | Ultrashort Bond | UMDD vs CSHP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | 0.02 | 0.02 | 95 | Inflation-Protected Bonds | UMDD vs IBID | |
| First Trust Alternative Absolute Return Strategy E... | -0.08 | 0.02 | 0.04 | 70 | Commodities | UMDD vs FAAR | |
| iShares Diversified Commodity Swap UCITS ETF | -0.08 | -0.00 | -0.03 | 77 | Commodities | UMDD vs ISCMF |
See all 1151 diversifiers for UMDD
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements UMDD
Add UMDD to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UMDD