Looking to diversify beyond USTB? The ETFs below have the lowest correlation with USTB — 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 USTB.
Best Diversifiers for USTB
1075 ETFs have low correlation with USTB (below 0.3), 46 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.44 | -0.44 | 63 | Leveraged Currency | USTB vs YCS | |
| United States Gasoline Fund LP | -0.36 | -0.17 | -0.06 | 55 | Oil & Gas | USTB vs UGA | |
| Fidelity Managed Futures ETF | -0.35 | — | — | 64 | Systematic Trend | USTB vs FFUT | |
| Bastion Energy ETF | -0.25 | -0.25 | -0.25 | 84 | Energy Equities | USTB vs BESF | |
| VanEck Commodity Strategy ETF | -0.22 | -0.07 | -0.07 | 57 | Commodities | USTB vs PIT |
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