Looking to diversify beyond UNL? The ETFs below have the lowest correlation with UNL — 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 UNL.
Best Diversifiers for UNL
1452 ETFs have low correlation with UNL (below 0.3), 1382 of which are negatively correlated. The least correlated is Innovator Russell 2000 Power Buffer ETF - July (KJUL) (Defined Outcome) with a 1Y correlation of -0.31, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Innovator Russell 2000 Power Buffer ETF - July | -0.31 | -0.08 | 0.02 | 88 | Defined Outcome | UNL vs KJUL | |
| First Trust Institutional Preferred Securities & I... | -0.31 | -0.07 | 0.01 | 69 | Preferred Stock/Convertible Bonds | UNL vs FPEI | |
| Pacer BlueStar Engineering the Future ETF | -0.31 | -0.09 | — | 73 | Technology Equities | UNL vs BULD | |
| FT Cboe Vest Rising Dividend Achievers Target Inco... | -0.31 | -0.05 | — | 69 | Derivative Income | UNL vs RDVI | |
| Innovator U.S. Small Cap Power Buffer ETF | -0.31 | — | — | 74 | Defined Outcome | UNL vs KAUG |
See all 1453 diversifiers for UNL
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