Looking to balance out your exposure to UPS? The ETFs below have the lowest correlation with UPS — they tend to move on their own, which can help reduce risk when UPS drops. The stock ideas table highlights individual companies that behave independently from UPS.
Best Diversifiers for UPS
125 ETFs have low correlation with UPS (below 0.3), 7 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.24, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.24 | -0.05 | 0.04 | 66 | Oil & Gas | UPS vs USO | |
| ProShares Ultra Bloomberg Crude Oil | -0.23 | -0.03 | 0.05 | 54 | Leveraged Commodities | UPS vs UCO | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.19 | 0.01 | 0.09 | 74 | Commodities | UPS vs PDBC | |
| Invesco DB Commodity Index Tracking Fund | -0.18 | 0.02 | 0.09 | 75 | Commodities | UPS vs DBC | |
| iShares 0-3 Month Treasury Bond ETF | -0.07 | 0.01 | 0.01 | 100 | Ultrashort Bond | UPS vs SGOV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UPS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UPS and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.13, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.13 | 0.14 | 0.20 | 69 | Consumer Defensive | |
| British American Tobacco p.l.c. | -0.11 | 0.13 | 0.18 | 77 | Consumer Defensive | |
| The Williams Companies, Inc. | -0.09 | 0.12 | 0.22 | 66 | Energy | |
| Kinder Morgan, Inc. | -0.08 | 0.16 | 0.26 | 60 | Energy | |
| Welltower Inc. | -0.07 | 0.16 | 0.25 | 79 | Real Estate |
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