Looking to balance out your exposure to UMAC? The ETFs below have the lowest correlation with UMAC — they tend to move on their own, which can help reduce risk when UMAC drops. The stock ideas table highlights individual companies that behave independently from UMAC.
Best Diversifiers for UMAC
1 ETFs have low correlation with UMAC (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.17 | — | — | 77 | Dividend | UMAC vs SCHD | |
| Invesco QQQ ETF | 0.36 | — | — | 59 | Nasdaq-100 | UMAC vs QQQ | |
| Vanguard S&P 500 ETF | 0.38 | — | — | 60 | S&P 500 | UMAC vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UMAC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UMAC and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Kimco Realty Corporation | 0.05 | — | — | 76 | Real Estate | |
| AAR Corp. | 0.26 | 0.24 | 0.24 | 90 | Industrials | |
| Norsk Hydro ASA ADR | 0.28 | — | — | 87 | Basic Materials | |
| Advanced Micro Devices, Inc. | 0.28 | 0.20 | 0.20 | 96 | Technology | |
| Freeport-McMoRan Inc. | 0.35 | 0.24 | 0.24 | 72 | Basic Materials |
See all 8 low-correlation stocks for UMAC
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