Looking to diversify beyond UXOC? The ETFs below have the lowest correlation with UXOC — 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 UXOC.
Best Diversifiers for UXOC
185 ETFs have low correlation with UXOC (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.45 | -0.45 | 57 | Cryptocurrency | UXOC vs BITI | |
| Invesco DB Energy Fund | -0.26 | -0.12 | -0.12 | 53 | Oil & Gas | UXOC vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | -0.21 | -0.21 | 98 | Inflation-Protected Bonds | UXOC vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | -0.03 | -0.03 | 51 | Commodities | UXOC vs GSG | |
| DoubleLine Commodity Strategy ETF | -0.13 | -0.01 | — | 51 | Commodities | UXOC vs DCMT |
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