Looking to diversify beyond UPAR? The ETFs below have the lowest correlation with UPAR — 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 UPAR.
Best Diversifiers for UPAR
175 ETFs have low correlation with UPAR (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged 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 |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.41 | -0.38 | — | 63 | Leveraged Currency | UPAR vs YCS | |
| Invesco DB Energy Fund | -0.27 | -0.04 | — | 71 | Oil & Gas | UPAR vs DBE | |
| United States Oil Fund LP | -0.25 | -0.03 | — | 66 | Oil & Gas | UPAR vs USO | |
| United States Brent Oil Fund LP | -0.25 | -0.02 | — | 65 | Oil & Gas | UPAR vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.25 | — | — | 56 | Derivative Income | UPAR vs USOY |
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