Looking to balance out your exposure to UCTT? The ETFs below have the lowest correlation with UCTT — they tend to move on their own, which can help reduce risk when UCTT drops. The stock ideas table highlights individual companies that behave independently from UCTT.
Best Diversifiers for UCTT
0 ETFs have low correlation with UCTT (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.51, down from 0.65 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.51 | 0.62 | 0.65 | 58 | Technology Equities | UCTT vs VGT | |
| Invesco QQQ ETF | 0.53 | 0.61 | 0.64 | 59 | Nasdaq-100 | UCTT vs QQQ | |
| Vanguard S&P 500 ETF | 0.54 | 0.60 | 0.62 | 60 | S&P 500 | UCTT vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UCTT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UCTT and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.05, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.05 | 0.04 | 0.12 | 65 | Energy | |
| Zoom Video Communications, Inc. | 0.05 | 0.21 | 0.33 | 53 | Communication Services | |
| Fortinet, Inc. | 0.07 | 0.22 | 0.36 | 67 | Technology | |
| Petróleo Brasileiro S.A. - Petrobras | 0.09 | 0.14 | 0.14 | 75 | Energy | |
| Praxis Precision Medicines, Inc. | 0.16 | 0.20 | 0.22 | 98 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements UCTT
Add UCTT to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UCTT