PortfoliosLab logoPortfoliosLab logo

Looking to diversify beyond UUUG? The ETFs below have the lowest correlation with UUUG — 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 UUUG.

Best Diversifiers for UUUG

0 ETFs have low correlation with UUUG (below 0.3), 0 of which are negatively correlated. The least correlated is ProShares Ultra QQQ (QLD) (Leveraged Equities) with a 1Y correlation of 0.48, roughly unchanged from 0.48 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
ProShares Ultra QQQ0.480.480.48
59
Leveraged EquitiesUUUG vs QLD
ProShares UltraPro QQQ0.500.500.50
57
Leveraged EquitiesUUUG vs TQQQ
GraniteShares 2x Long VRT Daily ETF0.51
83
Leveraged EquitiesUUUG vs VRTL

Rows per page

1–3 of 3

Diversification Analysis

Build a portfolio that complements UUUG

Add UUUG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with UUUG