Looking to balance out your exposure to U? The ETFs below have the lowest correlation with U — they tend to move on their own, which can help reduce risk when U drops. The stock ideas table highlights individual companies that behave independently from U.
Best Diversifiers for U
3 ETFs have low correlation with U (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin International Low Volatility High Dividend Index ETF (LVHI) (Volatility Hedged Equity) with a 1Y correlation of 0.01, down from 0.29 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | 0.01 | 0.26 | 0.29 | 93 | Volatility Hedged Equity, Dividend | U vs LVHI | |
| Industrial Select Sector SPDR Fund | 0.20 | 0.37 | 0.41 | 50 | Industrials Equities | U vs XLI | |
| Vanguard Dividend Appreciation ETF | 0.26 | 0.37 | 0.43 | 55 | Dividend | U vs VIG | |
| SP Funds S&P World (ex-US) ETF | 0.34 | — | — | 64 | Foreign Large Cap Equities | U vs SPWO | |
| iShares Russell 2000 ETF | 0.40 | 0.53 | 0.58 | 70 | Small Cap Blend Equities | U vs IWM |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from U, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to U and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.34, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.34 | -0.08 | 0.01 | 74 | Consumer Defensive | |
| Johnson & Johnson | -0.21 | -0.08 | -0.01 | 96 | Healthcare | |
| Exxon Mobil Corporation | -0.18 | 0.00 | 0.06 | 74 | Energy | |
| Chevron Corporation | -0.18 | 0.03 | 0.08 | 70 | Energy | |
| Eli Lilly and Company | -0.06 | 0.05 | 0.09 | 75 | Healthcare |
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