Looking to balance out your exposure to UBCP? The ETFs below have the lowest correlation with UBCP — they tend to move on their own, which can help reduce risk when UBCP drops. The stock ideas table highlights individual companies that behave independently from UBCP.
Best Diversifiers for UBCP
5 ETFs have low correlation with UBCP (below 0.3), 2 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) (Inflation-Protected Bonds) with a 1Y correlation of -0.03, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | -0.03 | 0.05 | 0.05 | 89 | Inflation-Protected Bonds | UBCP vs VTIP | |
| Alpha Architect 1-3 Month Box ETF | -0.01 | -0.00 | — | 100 | Ultrashort Bond | UBCP vs BOXX | |
| iMGP DBi Managed Futures Strategy ETF | 0.01 | 0.02 | 0.01 | 89 | Systematic Trend | UBCP vs DBMF | |
| FlexShares Morningstar Global Upstream Natural Res... | 0.05 | 0.07 | 0.08 | 72 | Natural Resources | UBCP vs GUNR | |
| iShares 0-3 Month Treasury Bond ETF | 0.06 | 0.05 | 0.01 | 100 | Ultrashort Bond | UBCP vs SGOV |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UBCP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UBCP and solid risk/return profiles. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.09, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.09 | 0.05 | 0.08 | 50 | Financial Services | |
| Chubb Limited | -0.07 | -0.03 | 0.03 | 88 | Financial Services | |
| Waste Management, Inc. | 0.01 | 0.03 | 0.05 | 52 | Industrials | |
| Medpace Holdings, Inc. | 0.04 | 0.03 | 0.02 | 81 | Healthcare | |
| McKesson Corporation | 0.07 | 0.03 | 0.02 | 62 | Healthcare |
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