Looking to balance out your exposure to CCU? The ETFs below have the lowest correlation with CCU — they tend to move on their own, which can help reduce risk when CCU drops. The stock ideas table highlights individual companies that behave independently from CCU.
No Diversifiers Found for CCU
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from CCU, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to CCU and solid risk/return profiles. The least correlated is AppLovin Corporation (APP) (Technology) with a 1Y correlation of 0.12, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AppLovin Corporation | 0.12 | 0.12 | 0.16 | 59 | Technology | |
| Celestica Inc. | 0.21 | 0.14 | 0.22 | 94 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.21 | 0.20 | 0.25 | 95 | Technology |
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