Looking to balance out your exposure to UTF? The ETFs below have the lowest correlation with UTF — they tend to move on their own, which can help reduce risk when UTF drops. The stock ideas table highlights individual companies that behave independently from UTF.
Best Diversifiers for UTF
185 ETFs have low correlation with UTF (below 0.3), 3 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.23, roughly unchanged from -0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.23 | -0.24 | -0.27 | 51 | Currency | UTF vs UUP | |
| Direxion Daily MU Bull 2X Shares | -0.19 | -0.19 | -0.19 | 99 | Leveraged Equities, Semiconductors | UTF vs MUU | |
| iShares 0-3 Month Treasury Bond ETF | -0.02 | -0.00 | -0.02 | 100 | Ultrashort Bond | UTF vs SGOV | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.01 | — | — | 100 | Ultrashort Bond | UTF vs VBIL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.01 | -0.02 | -0.02 | 100 | Government Bonds, Ultrashort Bond | UTF vs BIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UTF, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UTF and solid risk/return profiles. The least correlated is Palo Alto Networks, Inc. (PANW) (Technology) with a 1Y correlation of -0.07, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Palo Alto Networks, Inc. | -0.07 | 0.05 | 0.16 | 84 | Technology | |
| Arm Holdings plc American Depositary Shares | -0.05 | 0.08 | 0.08 | 83 | Technology | |
| Nebius Group N.V. | 0.00 | 0.07 | 0.07 | 96 | Communication Services | |
| AppLovin Corporation | 0.01 | 0.09 | 0.17 | 60 | Communication Services | |
| CrowdStrike Holdings, Inc. | 0.02 | 0.08 | 0.16 | 77 | Technology |
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Build a portfolio that complements UTF
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