Looking to balance out your exposure to UAN? The ETFs below have the lowest correlation with UAN — they tend to move on their own, which can help reduce risk when UAN drops. The stock ideas table highlights individual companies that behave independently from UAN.
Best Diversifiers for UAN
5 ETFs have low correlation with UAN (below 0.3), 4 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.12, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | -0.12 | 0.12 | 0.21 | 74 | S&P 500 | UAN vs VOO | |
| State Street SPDR S&P 500 ETF | -0.12 | 0.11 | 0.21 | 74 | S&P 500 | UAN vs SPY | |
| Global X NASDAQ 100 Covered Call ETF | -0.07 | 0.06 | 0.15 | 89 | Nasdaq-100, Derivative Income | UAN vs QYLD | |
| Vanguard Information Technology ETF | -0.07 | 0.08 | 0.15 | 76 | Technology Equities | UAN vs VGT | |
| Schwab U.S. Dividend Equity ETF | 0.01 | 0.22 | 0.28 | 85 | Dividend | UAN vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UAN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UAN and solid risk/return profiles. The least correlated is Sensata Technologies Holding plc (ST) (Technology) with a 1Y correlation of -0.12, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sensata Technologies Holding plc | -0.12 | 0.11 | 0.20 | 92 | Technology | |
| West Pharmaceutical Services, Inc. | -0.11 | 0.03 | 0.08 | 76 | Healthcare | |
| Sandoz Group AG | -0.09 | 0.01 | 0.01 | 84 | Healthcare | |
| Johnson & Johnson | -0.06 | 0.06 | 0.05 | 94 | Healthcare | |
| Ackermans & Van Haaren NV ADR | -0.04 | -0.03 | -0.03 | 94 | Industrials |
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