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
150 ETFs have low correlation with UTF (below 0.3), 5 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.04, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.04 | -0.01 | -0.02 | 100 | Ultrashort Bond | UTF vs SGOV | |
| United States Oil Fund LP | -0.03 | 0.04 | 0.13 | 66 | Oil & Gas | UTF vs USO | |
| ProShares Ultra Bloomberg Crude Oil | -0.03 | 0.05 | 0.14 | 54 | Leveraged Commodities | UTF vs UCO | |
| iShares 0-1 Year Treasury Bond ETF | -0.01 | 0.03 | 0.03 | 100 | Government Bonds, Ultrashort Bond | UTF vs SHV | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01 | — | — | 100 | Ultrashort Bond | UTF vs VBIL |
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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 -0.03, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Palo Alto Networks, Inc. | -0.03 | 0.07 | 0.16 | 69 | Technology | |
| FLEX LNG Ltd | -0.01 | 0.14 | 0.21 | 80 | Energy | |
| Oracle Corporation | 0.00 | 0.12 | 0.20 | 61 | Technology | |
| Arm Holdings plc American Depositary Shares | 0.01 | 0.11 | 0.11 | 91 | Technology | |
| Nebius Group N.V. | 0.03 | 0.09 | 0.09 | 97 | Communication Services |
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