Looking to diversify beyond UPGR? The ETFs below have the lowest correlation with UPGR — 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 UPGR.
Best Diversifiers for UPGR
224 ETFs have low correlation with UPGR (below 0.3), 17 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.35 | -0.35 | 57 | Cryptocurrency | UPGR vs BITI | |
| Invesco DB Energy Fund | -0.17 | 0.01 | 0.01 | 53 | Oil & Gas | UPGR vs DBE | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.16 | — | — | 96 | Inflation-Protected Bonds | UPGR vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | UPGR vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.08 | — | — | 99 | Ultrashort Bond | UPGR vs BAMU |
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