Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

22 Stock and 78 ETF Ultrapar Participacoes S.A. (UGP) alternatives

The most close Ultrapar Participacoes S.A. (UGP) alternative is company Waton Financial (WTF). The correlation is 0.8388.

Stocks that highly correlated with UGP

Symbol	Name	Market cap	Sector	Industry	Correlation
WTF	Waton Financial Ltd	$141M	Financial Services	Capital Markets	0.84
BBDO	Banco Bradesco S.A.	$33B	Financial Services	Banks - Regional	0.75
NEE-P-U	NextEra Energy Inc Series U Junior Subordinated Debentures due June 1 2085	$53B	N/A	N/A	0.74
BBD	Banco Bradesco S.A.	$38B	Financial Services	Banks - Regional	0.71
ITUB	Itau Unibanco Holding S.A.	$88B	Financial Services	Banks - Regional	0.70
VIV	Telefonica Brasil S.A.	$21B	Communication Services	Telecom Services	0.69
SBS	Companhia de Saneamento Basico do Estado de Sao Paulo.	$20B	Utilities	Utilities - Regulated Water	0.69
TIMB	TIM SA	$11B	Communication Services	Telecom Services	0.69
ARCO	Arcos Dorados Holdings Inc - Class A	$1.85B	Consumer Cyclical	Restaurants	0.68
CSAN	Cosan S.A	$3.11B	Energy	Oil & Gas Refining & Marketing	0.68
BSBR	Banco Santander (Brasil) S.A.	$41B	Financial Services	Banks - Regional	0.66
ABEV	Ambev S.A.	$51B	Consumer Defensive	Beverages - Brewers	0.65
XHLD	TEN Holdings Inc	$5.69M	Communication Services	Broadcasting	0.65
ELP	Cia Paranaense De Energia Copel	$6.88B	Utilities	Utilities - Regulated Electric	0.64
PBR-A	Petroleo Brasileiro S.A. Petrobras	$98B	Energy	Oil & Gas Integrated	0.63
PSIG	PS International Group Ltd	$21M	Industrials	Integrated Freight & Logistics	0.63
PBR	Petroleo Brasileiro S.A. Petrobras	$122B	Energy	Oil & Gas Integrated	0.62
XP	XP Inc - Class A	$9B	Financial Services	Capital Markets	0.61
ELPC	Cia Paranaense De Energia Copel ADR (Representing )	$8.52B	Utilities	Utilities - Regulated Electric	0.60
CIG	Cia Energetica DE Minas Gerais - Cemig	$6.28B	Utilities	Utilities - Regulated Electric	0.58
CPA	Copa Holdings S.A. - Class A	$5.89B	Industrials	Airlines	0.57
JBS	JBS N.V. - Class A	$14B	Consumer Defensive	Packaged Foods	0.56

ETFs that highly correlated with UGP

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
FLBR	FRANKLIN FTSE BRAZIL ETF	$616M	0.19%	Nov 3, 2017	0.83
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$39M	3.36%	Dec 27, 2006	0.83
FLLA	FRANKLIN FTSE LATIN AMERICA ETF	$116M	0.19%	Oct 9, 2018	0.82
EWZ	ISHARES MSCI BRAZIL ETF	$12B	0.59%	Jul 10, 2000	0.81
BRF	VANECK BRAZIL SMALL-CAP ETF	$26M	0.60%	May 12, 2009	0.81
UBR	PROSHARES ULTRA MSCI BRAZIL CAPPED	$4.70M	N/A	Apr 27, 2010	0.80
BRAZ	GLOBAL X BRAZIL ACTIVE ETF	$11M	0.75%	Aug 16, 2023	0.80
EWZS	ISHARES MSCI BRAZIL SMALL-CAP ETF	$330M	0.59%	Sep 28, 2010	0.80
ILF	ISHARES LATIN AMERICA 40 ETF	$5B	0.47%	Oct 25, 2001	0.79
FLN	First Trust Latin America AlphaDEX Fund	$38M	0.80%	Apr 18, 2011	0.79
BRZU	DIREXION DAILY MSCI BRAZIL BULL 2X SHARES	$125M	N/A	Apr 10, 2013	0.76
KEAT	KEATING ACTIVE ETF	$120M	0.85%	Mar 26, 2024	0.72
FEMB	FIRST TRUST EMERGING MARKETS LOCAL CURRENCY BOND ETF	$353M	0.85%	Nov 4, 2014	0.72
ELD	WisdomTree Emerging Market Local Debt Fund	$115M	0.55%	Aug 9, 2010	0.71
EMLC	VANECK J.P. MORGAN EM LOCAL CURRENCY BOND ETF	$4.90B	0.30%	Jul 22, 2010	0.70
CEW	WISDOMTREE EMERGING CURRENCY STRATEGY FUND	$16M	0.55%	May 6, 2009	0.70
LEMB	ISHARES J.P. MORGAN EM LOCAL CURRENCY BOND ETF	$727M	0.30%	Oct 18, 2011	0.68
MUNY	Vanguard New York TaxExempt Bond ETF	$372M	0.09%	May 20, 2025	0.68
EMIF	ISHARES EMERGING MARKETS INFRASTRUCTURE ETF	$14M	0.60%	Jun 16, 2009	0.67
EDOG	ALPS EMERGING SECTOR DIVIDEND DOGS ETF	$30M	0.60%	Mar 27, 2014	0.67
HTAX	MACQUARIE NATIONAL HIGH-YIELD MUNICIPAL BOND ETF	$56M	0.49%	Mar 5, 2025	0.66
PLTZ	Defiance Daily Target 2x Short PLTR ETF	$29M	N/A	Jun 5, 2025	0.66
KEMX	KRANESHARES MSCI EMERGING MARKETS EX CHINA INDEX ETF	$118M	0.24%	Apr 12, 2019	0.66
ECOW	PACER EMERGING MARKETS CASH COWS 100 ETF	$204M	0.70%	May 2, 2019	0.65
VTEL	Vanguard LongTerm TaxExempt Bond ETF	$259M	0.09%	May 20, 2025	0.65
EDD	Morgan Stanley Emerging Markets Domestic Debt Fund Inc	$385M	N/A	N/A	0.65
XCEM	COLUMBIA EM CORE EX-CHINA ETF	$1.70B	0.16%	Sep 1, 2015	0.64
RNEM	EMERGING MARKETS EQUITY SELECT ETF	$17M	0.76%	Jun 20, 2017	0.64
JPEM	JPMORGAN DIVERSIFIED RETURN EMERGING MARKETS EQUITY ETF	$390M	0.44%	Jan 7, 2015	0.64
ROAM	HARTFORD MULTIFACTOR EMERGING MARKETS ETF	$106M	0.44%	Feb 25, 2015	0.64
SDEM	GLOBAL X MSCI SUPERDIVIDEND EMERGING MARKETS ETF	$46M	0.66%	Mar 16, 2015	0.64
EMXC	ISHARES MSCI EMERGING MARKETS EX CHINA ETF	$22B	0.25%	Jul 18, 2017	0.63
FRDM	FREEDOM 100 EMERGING MARKETS ETF	$3B	0.49%	May 22, 2019	0.63
EBND	SPDR(R) BLOOMBERG EMERGING MARKETS LOCAL BOND ETF	$2.30B	0.30%	Feb 23, 2011	0.63
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$26M	N/A	Jul 9, 2024	0.62
LIAM	LifeX 2055 Inflation-Protected Longevity Income ETF	$4.30M	0.25%	Jan 17, 2024	0.62
GVAL	CAMBRIA GLOBAL VALUE ETF	$541M	0.66%	Mar 11, 2014	0.61
LIAE	LifeX 2050 Inflation-Protected Longevity Income ETF	$3.40M	0.25%	Jan 17, 2024	0.61
DEM	WisdomTree Emerging Markets High Dividend Fund	$3.70B	0.63%	Jul 13, 2007	0.61
WWJD	INSPIRE INTERNATIONAL ETF	$502M	0.61%	Sep 30, 2019	0.61
EEMS	ISHARES MSCI EMERGING MARKETS SMALL-CAP ETF	$452M	0.72%	Aug 16, 2011	0.61
EELV	INVESCO S&P EMERGING MARKETS LOW VOLATILITY ETF	$442M	0.29%	Jan 13, 2012	0.61
TAXM	BondBloxx ETF Trust IRM TaxAware ETF for Massachusetts Residents	$31M	0.35%	Mar 11, 2025	0.60
LIAU	LifeX 2060 Inflation-Protected Longevity Income ETF	$3M	0.25%	Jan 17, 2024	0.60
FDEM	FIDELITY EMERGING MARKETS MULTIFACTOR ETF	$508M	0.25%	Feb 26, 2019	0.60
IGME	BITWISE GME OPTION INCOME STRATEGY ETF	$1.30M	0.96%	Jun 9, 2025	0.60
TXXI	BondBloxx ETF Trust IRM TaxAware Intermediate Duration	$29M	0.35%	Mar 11, 2025	0.60
EDIV	SPDR(R) S&P(R) EMERGING MARKETS DIVIDEND ETF	$1.20B	0.49%	Feb 23, 2011	0.60
FEM	FIRST TRUST EMERGING MARKETS ALPHADEX FUND	$742M	0.80%	Apr 18, 2011	0.60
EMHY	ISHARES J.P. MORGAN EM HIGH YIELD BOND ETF	$584M	0.50%	Apr 3, 2012	0.59
DGS	WISDOMTREE EMERGING MARKETS SMALLCAP DIVIDEND FUND	$1.80B	0.58%	Oct 30, 2007	0.59
AVDE	AVANTIS INTERNATIONAL EQUITY ETF	$16B	0.23%	Sep 24, 2019	0.59
VIDI	VIDENT INTERNATIONAL EQUITY STRATEGY ETF	$431M	0.61%	Oct 29, 2013	0.59
AVDV	AVANTIS INTERNATIONAL SMALL CAP VALUE ETF	$19B	0.36%	Sep 24, 2019	0.59
DVYE	ISHARES EMERGING MARKETS DIVIDEND ETF	$1.30B	0.50%	Feb 23, 2012	0.59
TPIF	TIMOTHY PLAN INTERNATIONAL ETF	$243M	0.62%	Dec 2, 2019	0.59
FEMS	FIRST TRUST EMERGING MARKETS SMALL CAP ALPHADEX FUND	$264M	0.80%	Feb 15, 2012	0.58
TLTE	FLEXSHARES MORNINGSTAR EMERGING MARKETS FACTOR TILT INDEX FUND	$347M	0.57%	Sep 25, 2012	0.58
PXH	INVESCO RAFI EMERGING MARKETS ETF	$1.90B	0.47%	Sep 27, 2007	0.58
IFV	FIRST TRUST DORSEY WRIGHT INTERNATIONAL FOCUS 5 ETF	$246M	1.14%	Jul 22, 2014	0.58
HIMU	iShares High Yield Muni Active ETF	$2.10B	0.39%	Aug 1, 2006	0.58
EVYM	EATON VANCE HIGH INCOME MUNICIPAL ETF	$51M	0.40%	Feb 25, 2025	0.58
WIP	SPDR(R) FTSE INTERNATIONAL GOVERNMENT INFLATION-PROTECTED BOND ETF	$502M	0.50%	Mar 13, 2008	0.58
MFEM	PIMCO RAFI DYNAMIC MULTI-FACTOR EMERGING MARKETS EQUITY ETF	$147M	0.49%	Aug 31, 2017	0.58
BBIN	JPMORGAN BETABUILDERS INTERNATIONAL EQUITY ETF	$6.30B	0.07%	Dec 3, 2019	0.58
FNDE	SCHWAB FUNDAMENTAL EMERGING MARKETS EQUITY ETF	$9.40B	0.39%	Aug 15, 2013	0.58
VYMI	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND ETF SHARES	$20B	0.07%	Feb 25, 2016	0.57
AVEM	AVANTIS EMERGING MARKETS EQUITY ETF	$23B	0.33%	Sep 17, 2019	0.57
MXF	Mexico Fund Inc	$356M	N/A	N/A	0.57
QLVE	FLEXSHARES EMERGING MARKETS QUALITY LOW VOLATILITY INDEX FUND	$16M	0.18%	Jul 15, 2019	0.57
FDEV	FIDELITY INTERNATIONAL MULTIFACTOR ETF	$271M	0.18%	Feb 26, 2019	0.57
DGRE	WISDOMTREE EMERGING MARKETS QUALITY DIVIDEND GROWTH FUND	$137M	0.32%	Aug 1, 2013	0.57
IYLD	ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF	$129M	0.50%	Apr 3, 2012	0.57
FLMX	FRANKLIN FTSE MEXICO ETF	$89M	0.19%	Nov 3, 2017	0.57
IQDF	FLEXSHARES INTERNATIONAL QUALITY DIVIDEND INDEX FUND	$1.10B	0.47%	Apr 12, 2013	0.57
IHD	Voya Emerging Markets High Dividend Equity Fund	$134M	N/A	N/A	0.57
IQSI	NYLI CANDRIAM INTERNATIONAL EQUITY ETF	$237M	0.15%	Dec 17, 2019	0.57
EDGF	3EDGE DYNAMIC FIXED INCOME ETF	$506M	0.79%	Oct 2, 2024	0.56