Looking to diversify beyond UPSD? The ETFs below have historically moved differently from UPSD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for UPSD
2 ETFs have low correlation with UPSD (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VictoryShares Pioneer Asset-Based Income ETF | 0.24 | — | — | 96 | Multisector Bonds, Actively Managed | UPSD vs ABI | |
| BrandywineGLOBAL - U.S. Fixed Income ETF | 0.27 | — | — | 65 | Actively Managed, Intermediate Core Bond | UPSD vs USFI | |
| Aptus Enhanced Yield ETF | 0.38 | — | — | 92 | Intermediate Core Bond | UPSD vs JUCY | |
| Convergence Long/Short Equity ETF | 0.51 | — | — | 96 | Long-Short, Actively Managed | UPSD vs CLSE | |
| Saba Closed-End Funds ETF | 0.52 | — | — | 79 | Actively Managed | UPSD vs CEFS |
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