Looking to balance out your exposure to UTG? The ETFs below have the lowest correlation with UTG — they tend to move on their own, which can help reduce risk when UTG drops. The stock ideas table highlights individual companies that behave independently from UTG.
Best Diversifiers for UTG
85 ETFs have low correlation with UTG (below 0.3), 12 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.15, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.15 | -0.04 | 0.05 | 66 | Oil & Gas | UTG vs USO | |
| iShares 0-3 Month Treasury Bond ETF | -0.09 | -0.05 | -0.02 | 100 | Ultrashort Bond | UTG vs SGOV | |
| ProShares Ultra Bloomberg Crude Oil | -0.07 | -0.01 | 0.07 | 54 | Leveraged Commodities | UTG vs UCO | |
| Credit Suisse X-Links Crude Oil Shares Covered Cal... | -0.07 | -0.00 | -0.00 | 64 | Commodities | UTG vs USOI | |
| iShares Treasury Floating Rate Bond ETF | -0.04 | -0.04 | -0.05 | 100 | Government Bonds, Ultrashort Bond | UTG vs TFLO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UTG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UTG and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.05, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.05 | 0.13 | 0.19 | 83 | Energy | |
| Exxon Mobil Corporation | -0.05 | 0.12 | 0.17 | 85 | Energy | |
| TORM plc | -0.03 | 0.06 | 0.09 | 88 | Energy | |
| ConocoPhillips Company | -0.02 | 0.12 | 0.17 | 76 | Energy | |
| DHT Holdings, Inc. | -0.02 | 0.08 | 0.10 | 82 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements UTG
Add UTG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UTG