Looking to diversify beyond UTES? The ETFs below have the lowest correlation with UTES — 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 UTES.
Best Diversifiers for UTES
594 ETFs have low correlation with UTES (below 0.3), 35 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.13 | — | — | 95 | Inflation-Protected Bonds | UTES vs IBID | |
| iShares 0-3 Month Treasury Bond ETF | -0.13 | -0.03 | -0.03 | 100 | Ultrashort Bond | UTES vs SGOV | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.11 | — | — | 98 | Inflation-Protected Bonds | UTES vs IBIC | |
| Invesco BulletShares 2026 Corporate Bond ETF | -0.11 | 0.07 | 0.17 | 99 | Corporate Bonds | UTES vs BSCQ | |
| ProShares UltraShort Yen | -0.10 | -0.07 | -0.08 | 61 | Leveraged Currency | UTES vs YCS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UTES, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UTES and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.13, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.13 | 0.11 | 0.16 | 68 | Energy | |
| Chevron Corporation | -0.11 | 0.11 | 0.16 | 68 | Energy | |
| The Coca-Cola Company | -0.10 | 0.13 | 0.29 | 74 | Consumer Defensive | |
| ConocoPhillips Company | -0.08 | 0.13 | 0.16 | 61 | Energy | |
| Palo Alto Networks, Inc. | -0.06 | 0.11 | 0.15 | 69 | Technology |
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Build a portfolio that complements UTES
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Analyze a portfolio with UTES