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
1441 ETFs have low correlation with UPW (below 0.3), 66 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 -0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.16 | -0.16 | -0.14 | 75 | Leveraged Currency | UPW vs YCS | |
| Fidelity Managed Futures ETF | -0.13 | — | — | 66 | Systematic Trend | UPW vs FFUT | |
| United States Gasoline Fund LP | -0.12 | -0.05 | 0.03 | 72 | Oil & Gas | UPW vs UGA | |
| Fidelity Cloud Computing ETF | -0.12 | 0.05 | 0.16 | 51 | Technology Equities, Cloud Computing | UPW vs FCLD | |
| Invesco BulletShares 2026 Corporate Bond ETF | -0.11 | 0.12 | 0.20 | 99 | Corporate Bonds | UPW vs BSCQ |
See all 1554 diversifiers for UPW
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