Looking to balance out your exposure to USB? The ETFs below have the lowest correlation with USB — they tend to move on their own, which can help reduce risk when USB drops. The stock ideas table highlights individual companies that behave independently from USB.
Best Diversifiers for USB
10 ETFs have low correlation with USB (below 0.3), 2 of which are negatively correlated. The least correlated is Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) (Commodities) with a 1Y correlation of -0.11, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Optimum Yield Diversified Commodity Strate... | -0.11 | 0.02 | 0.13 | 76 | Commodities | USB vs PDBC | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.03 | -0.06 | -0.03 | 100 | Government Bonds, Ultrashort Bond | USB vs BIL | |
| abrdn Physical Silver Shares ETF | 0.07 | 0.08 | 0.10 | 51 | Silver, Precious Metals | USB vs SIVR | |
| US Treasury 3 Month Bill ETF | 0.09 | 0.03 | — | 100 | Ultrashort Bond | USB vs TBIL | |
| iShares Silver Trust | 0.10 | 0.07 | 0.10 | 51 | Silver, Precious Metals | USB vs SLV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from USB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to USB and solid risk/return profiles. The least correlated is Equinor ASA (EQNR) (Energy) with a 1Y correlation of -0.13, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinor ASA | -0.13 | 0.07 | 0.18 | 83 | Energy | |
| Altria Group, Inc. | -0.07 | 0.18 | 0.26 | 73 | Consumer Defensive | |
| Suncor Energy Inc. | -0.06 | 0.19 | 0.29 | 96 | Energy | |
| Energy Transfer LP | -0.04 | 0.20 | 0.29 | 74 | Energy | |
| TotalEnergies SE | -0.02 | 0.13 | 0.18 | 91 | Energy |
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