Looking to diversify beyond USL? The ETFs below have historically moved differently from USL, 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 USL
1644 ETFs have low correlation with USL (below 0.3), 1575 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Astoria Dynamic Core US Fixed Income ETF | -0.42 | — | — | 58 | Multisector Bonds | USL vs AGGA | |
| Ishares J.P. Morgan Broad USD Emerging Markets Bon... | -0.41 | -0.17 | — | 58 | Emerging Markets Bonds | USL vs BEMB | |
| Dimensional Short-Duration Fixed Income ETF | -0.41 | -0.25 | — | 73 | Short-Term Bond | USL vs DFSD | |
| Avantis Short-Term Fixed Income ETF | -0.41 | -0.22 | -0.12 | 72 | Short-Term Bond | USL vs AVSF | |
| Schwab 1-5 Year Corporate Bond ETF | -0.39 | -0.20 | -0.10 | 79 | Short-Term Bond, Corporate Bonds, Investment Grade Bonds | USL vs SCHJ |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for USL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of 0.66, roughly unchanged from 0.64 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | 0.66 | 0.62 | 0.64 | 72 | Energy |
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