Looking to balance out your exposure to UBSI? The ETFs below have the lowest correlation with UBSI — they tend to move on their own, which can help reduce risk when UBSI drops. The stock ideas table highlights individual companies that behave independently from UBSI.
Best Diversifiers for UBSI
0 ETFs have low correlation with UBSI (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.33, down from 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.33 | 0.44 | 0.49 | 60 | S&P 500 | UBSI vs SPY | |
| Vanguard International High Dividend Yield ETF | 0.39 | 0.45 | 0.49 | 69 | Dividend, Foreign Large Cap Equities | UBSI vs VYMI | |
| Amplify CWP Enhanced Dividend Income ETF | 0.53 | 0.55 | 0.56 | 60 | Derivative Income | UBSI vs DIVO | |
| Schwab U.S. Dividend Equity ETF | 0.55 | 0.61 | 0.65 | 77 | Dividend | UBSI vs SCHD | |
| Invesco S&P SmallCap Industrials ETF | 0.56 | 0.65 | 0.67 | 64 | Industrials Equities | UBSI vs PSCI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UBSI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UBSI and solid risk/return profiles. The least correlated is Broadcom Inc. (AVGO) (Technology) with a 1Y correlation of -0.04, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Broadcom Inc. | -0.04 | 0.12 | 0.21 | 71 | Technology | |
| Altria Group, Inc. | 0.04 | 0.16 | 0.25 | 74 | Consumer Defensive | |
| Chevron Corporation | 0.06 | 0.23 | 0.32 | 70 | Energy | |
| Exxon Mobil Corporation | 0.06 | 0.19 | 0.29 | 74 | Energy | |
| The Coca-Cola Company | 0.08 | 0.12 | 0.22 | 74 | Consumer Defensive |
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