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.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Ultra QQQ | 0.48 | 0.48 | 0.48 | 59 | Leveraged Equities | UUUG vs QLD | |
| ProShares UltraPro QQQ | 0.50 | 0.50 | 0.50 | 57 | Leveraged Equities | UUUG vs TQQQ | |
| GraniteShares 2x Long VRT Daily ETF | 0.51 | — | — | 83 | Leveraged Equities | UUUG vs VRTL |
Build a portfolio that complements UUUG
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