Looking to diversify beyond UPW? The ETFs below have the lowest correlation with UPW — 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 UPW.
Best Diversifiers for UPW
1424 ETFs have low correlation with UPW (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.16, roughly unchanged from -0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.16 | -0.16 | -0.13 | 61 | Leveraged Currency | UPW vs YCS | |
| BlackRock Floating Rate Loan ETF | -0.15 | 0.04 | — | 55 | Bank Loan | UPW vs BRLN | |
| Invesco BulletShares 2026 Corporate Bond ETF | -0.11 | 0.12 | 0.20 | 99 | Corporate Bonds | UPW vs BSCQ | |
| iShares 0-3 Month Treasury Bond ETF | -0.10 | -0.03 | -0.03 | 100 | Ultrashort Bond | UPW vs SGOV | |
| Eaton Vance Floating-Rate ETF | -0.09 | — | — | 73 | Bank Loan | UPW vs EVLN |
See all 1575 diversifiers for UPW
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