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) (Communication Services) with a 1Y correlation of 0.11, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AppLovin Corporation | 0.11 | 0.12 | 0.16 | 60 | Communication Services | |
| Life Time Group Holdings, Inc. | 0.18 | 0.20 | — | 66 | Consumer Cyclical | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.21 | 0.21 | 0.25 | 93 | Technology | |
| Celestica Inc. | 0.22 | 0.16 | 0.23 | 88 | Technology | |
| Tokio Marine Holdings Inc | 0.29 | 0.24 | 0.19 | 53 | Financial Services |
Build a portfolio that complements CCU
Add CCU to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with CCU