Looking to diversify beyond UMMA? The ETFs below have the lowest correlation with UMMA — 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 UMMA.
Best Diversifiers for UMMA
268 ETFs have low correlation with UMMA (below 0.3), 56 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.41, roughly unchanged from -0.38 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.41 | -0.38 | — | 51 | Currency | UMMA vs UUP | |
| ProShares Short Bitcoin ETF | -0.38 | -0.32 | -0.35 | 57 | Cryptocurrency | UMMA vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.37 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | UMMA vs SBIT | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.33 | -0.33 | — | 68 | Inverse Equities, Leveraged Equities | UMMA vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.32 | — | — | 70 | Derivative Income | UMMA vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UMMA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UMMA and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.26, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.26 | -0.05 | 0.11 | 86 | Financial Services | |
| Altria Group, Inc. | -0.24 | -0.04 | 0.05 | 81 | Consumer Defensive | |
| Duke Energy Corporation | -0.22 | -0.05 | 0.05 | 66 | Utilities | |
| Waste Management, Inc. | -0.21 | 0.02 | 0.13 | 53 | Industrials | |
| ConocoPhillips Company | -0.16 | 0.04 | 0.13 | 66 | Energy |
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