Looking to diversify beyond UYM? The ETFs below have the lowest correlation with UYM — 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 UYM.
Best Diversifiers for UYM
217 ETFs have low correlation with UYM (below 0.3), 17 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.21, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.21 | 0.01 | 0.18 | 71 | Oil & Gas | UYM vs DBE | |
| United States Brent Oil Fund LP | -0.19 | 0.03 | 0.16 | 65 | Oil & Gas | UYM vs BNO | |
| Invesco DB Oil Fund | -0.18 | 0.04 | 0.18 | 65 | Oil & Gas | UYM vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | UYM vs IBIC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.09 | 0.11 | 0.25 | 72 | Commodities | UYM vs GSG |
See all 1211 diversifiers for UYM
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