Looking to diversify beyond UNOV? The ETFs below have the lowest correlation with UNOV — 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 UNOV.
Best Diversifiers for UNOV
195 ETFs have low correlation with UNOV (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.33 | -0.34 | 53 | Cryptocurrency | UNOV vs BITI | |
| Invesco DB Energy Fund | -0.27 | -0.08 | 0.04 | 57 | Oil & Gas | UNOV vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | UNOV vs IBIC | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.16 | 0.00 | 0.08 | 52 | Commodities | UNOV vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | 0.00 | 0.09 | 56 | Commodities | UNOV vs GSG |
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