Looking to balance out your exposure to UBSFY? The ETFs below have the lowest correlation with UBSFY — they tend to move on their own, which can help reduce risk when UBSFY drops. The stock ideas table highlights individual companies that behave independently from UBSFY.
Best Diversifiers for UBSFY
1 ETFs have low correlation with UBSFY (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco High Yield Equity Dividend Achievers™ ETF (PEY) (Mid Cap Value Equities) with a 1Y correlation of 0.17, roughly unchanged from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco High Yield Equity Dividend Achievers™ ETF | 0.17 | 0.20 | 0.19 | 58 | Mid Cap Value Equities, Dividend | UBSFY vs PEY | |
| Vanguard Total World Stock ETF | 0.34 | 0.32 | 0.33 | 58 | Global Equities | UBSFY vs VT |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UBSFY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UBSFY and solid risk/return profiles. The least correlated is Electronic Arts Inc. (EA) (Communication Services) with a 1Y correlation of 0.08, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Electronic Arts Inc. | 0.08 | 0.15 | 0.20 | 96 | Communication Services |
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