Looking to diversify beyond UUP? The ETFs below have the lowest correlation with UUP — 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 UUP.
Best Diversifiers for UUP
1551 ETFs have low correlation with UUP (below 0.3), 1513 of which are negatively correlated. The least correlated is VanEck Emerging Markets Bond ETF (EMBX) (Emerging Markets Bonds) with a 1Y correlation of -0.64, down from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Emerging Markets Bond ETF | -0.64 | -0.56 | -0.51 | 73 | Emerging Markets Bonds | UUP vs EMBX | |
| Schwab International Dividend Equity ETF | -0.62 | -0.61 | -0.62 | 59 | Dividend, Foreign Large Cap Equities | UUP vs SCHY | |
| WisdomTree International High Dividend Fund | -0.62 | -0.60 | -0.61 | 63 | Foreign Large Cap Equities, Dividend | UUP vs DTH | |
| WisdomTree International Al Enhanced Value Fund | -0.62 | -0.60 | -0.62 | 63 | Foreign Large Cap Equities | UUP vs AIVI | |
| DFA Dimensional International Core Equity 2 ETF | -0.61 | -0.57 | — | 58 | Foreign Large Cap Equities | UUP vs DFIC |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UUP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UUP and solid risk/return profiles. The least correlated is Royal Bank of Canada (RY) (Financial Services) with a 1Y correlation of -0.43, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Royal Bank of Canada | -0.43 | -0.37 | -0.40 | 98 | Financial Services | |
| Sprott Physical Gold Trust | -0.43 | -0.43 | -0.45 | 65 | Financial Services | |
| The Bank of Nova Scotia | -0.42 | -0.42 | -0.44 | 97 | Financial Services | |
| HSBC Holdings plc | -0.41 | -0.33 | -0.34 | 93 | Financial Services | |
| Rio Tinto Group | -0.41 | -0.38 | -0.40 | 88 | Basic Materials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements UUP
Add UUP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UUP