Looking to diversify beyond URE? The ETFs below have historically moved differently from URE, 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 URE
733 ETFs have low correlation with URE (below 0.3), 52 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.17, down from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.17 | -0.13 | 0.01 | 72 | Oil & Gas | URE vs DBE | |
| United States Brent Oil Fund LP | -0.15 | -0.12 | -0.00 | 52 | Oil & Gas | URE vs BNO | |
| Invesco DB Oil Fund | -0.15 | -0.11 | 0.01 | 58 | Oil & Gas | URE vs DBO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.13 | -0.08 | 0.04 | 67 | Commodities | URE vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.12 | -0.08 | 0.04 | 58 | Commodities | URE vs COMT |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements URE
Add URE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with URE