PortfoliosLab logoPortfoliosLab logo

Looking to balance out your exposure to UGI? The ETFs below have historically moved differently from UGI, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.

Best Diversifiers for UGI

5 ETFs have low correlation with UGI (below 0.3), 2 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 0.04 over 3 years.

How candidates are selected

See all 6 diversifiers for UGI

To view more results, upgrade your current subscription plan.

Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for UGI, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.13, down from 0.08 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
NVIDIA Corporation-0.13-0.110.08
63
Technology
Amazon.com, Inc-0.13-0.040.10
68
Consumer Cyclical
Alphabet Inc. Class A-0.09-0.010.14
94
Communication Services
Adeia Inc-0.020.160.23
91
Technology
Teradyne, Inc.-0.020.060.20
96
Technology
See all 93 low-correlation stocks for UGI

To view more results, upgrade your current subscription plan.

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