Looking to balance out your exposure to UHG? The ETFs below have the lowest correlation with UHG — they tend to move on their own, which can help reduce risk when UHG drops. The stock ideas table highlights individual companies that behave independently from UHG.
Best Diversifiers for UHG
3 ETFs have low correlation with UHG (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.13, roughly unchanged from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.13 | 0.19 | 0.13 | 59 | Nasdaq-100 | UHG vs QQQ | |
| Vanguard S&P 500 ETF | 0.16 | 0.25 | 0.17 | 59 | S&P 500 | UHG vs VOO | |
| State Street SPDR S&P 500 ETF | 0.17 | 0.25 | 0.17 | 59 | S&P 500 | UHG vs SPY |
Diversification Analysis
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