Looking to balance out your exposure to UMH? The ETFs below have the lowest correlation with UMH — they tend to move on their own, which can help reduce risk when UMH drops. The stock ideas table highlights individual companies that behave independently from UMH.
Best Diversifiers for UMH
2 ETFs have low correlation with UMH (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.07, down from 0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.07 | 0.28 | 0.40 | 65 | S&P 500 | UMH vs SPY | |
| Vanguard S&P 500 ETF | 0.07 | 0.28 | 0.40 | 66 | S&P 500 | UMH vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UMH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UMH and solid risk/return profiles. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.44, down from 0.55 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.44 | 0.50 | 0.55 | 78 | Real Estate | |
| Equity LifeStyle Properties, Inc. | 0.51 | 0.54 | 0.59 | 62 | Real Estate |
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