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Looking to balance out your exposure to UGI? The ETFs below have the lowest correlation with UGI — they tend to move on their own, which can help reduce risk when UGI drops. The stock ideas table highlights individual companies that behave independently from UGI.

Best Diversifiers for UGI

5 ETFs have low correlation with UGI (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) (Nasdaq-100) with a 1Y correlation of 0.05, roughly unchanged from 0.07 over 3 years.


See all 6 diversifiers for UGI

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from UGI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UGI and solid risk/return profiles. The least correlated is NIO Inc. (NIO) (Consumer Cyclical) with a 1Y correlation of -0.10, down from 0.17 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
NIO Inc.-0.100.110.17
67
Consumer Cyclical
NVIDIA Corporation-0.09-0.100.08
78
Technology
Amazon.com, Inc-0.06-0.010.12
60
Consumer Cyclical
Alphabet Inc. Class A0.000.020.16
96
Communication Services
Companhia Paranaense de Energia0.02
77
Utilities
See all 46 low-correlation stocks for UGI

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Diversification Analysis

Build a portfolio that complements UGI

Add UGI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with UGI