Looking to diversify beyond UXRP? The ETFs below have the lowest correlation with UXRP — 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 UXRP.
Best Diversifiers for UXRP
352 ETFs have low correlation with UXRP (below 0.3), 4 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.84, roughly unchanged from -0.84 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.84 | -0.84 | -0.84 | 57 | Cryptocurrency | UXRP vs BITI | |
| Alerian MLP ETF | -0.01 | -0.01 | -0.01 | 54 | MLPs | UXRP vs AMLP | |
| Barclays ETN+ Select MLP ETN | -0.01 | -0.01 | -0.01 | 61 | MLPs | UXRP vs ATMP | |
| Dimensional California Municipal Bond ETF | -0.00 | -0.00 | -0.00 | 80 | Municipal Bonds | UXRP vs DFCA | |
| First Trust New York High Income Municipal ETF | 0.00 | 0.00 | 0.00 | 77 | Municipal Bonds | UXRP vs FMNY |
See all 1092 diversifiers for UXRP
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