Looking to balance out your exposure to UCBJY? The ETFs below have the lowest correlation with UCBJY — they tend to move on their own, which can help reduce risk when UCBJY drops. The stock ideas table highlights individual companies that behave independently from UCBJY.
No Diversifiers Found for UCBJY
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UCBJY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UCBJY and solid risk/return profiles. The least correlated is Targa Resources Corp. (TRGP) (Energy) with a 1Y correlation of -0.10, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Targa Resources Corp. | -0.10 | 0.00 | 0.09 | 94 | Energy | |
| Hachijuni Bank Ltd ADR | -0.06 | -0.00 | -0.01 | 95 | Financial Services | |
| Shell plc | -0.03 | 0.03 | 0.10 | 74 | Energy | |
| TTW Public Company Limited | -0.00 | 0.02 | 0.00 | 79 | Utilities | |
| UnitedHealth Group Incorporated | 0.02 | 0.02 | 0.11 | 77 | Healthcare |
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