Looking to balance out your exposure to UNCRY? The ETFs below have the lowest correlation with UNCRY — they tend to move on their own, which can help reduce risk when UNCRY drops. The stock ideas table highlights individual companies that behave independently from UNCRY.
Best Diversifiers for UNCRY
1 ETFs have low correlation with UNCRY (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.26, roughly unchanged from 0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.26 | 0.28 | 0.36 | 91 | Dividend | UNCRY vs SCHD | |
| Invesco NASDAQ 100 ETF | 0.47 | 0.36 | 0.36 | 54 | Nasdaq-100 | UNCRY vs QQQM | |
| Dimensional Emerging Core Equity Market ETF | 0.48 | 0.43 | 0.45 | 54 | Emerging Markets Equities | UNCRY vs DFAE | |
| Schwab U.S. Small-Cap ETF | 0.48 | 0.41 | 0.43 | 74 | Small Cap Blend Equities | UNCRY vs SCHA | |
| State Street SPDR S&P 500 ETF | 0.57 | 0.42 | 0.42 | 65 | S&P 500 | UNCRY vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UNCRY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UNCRY and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.16, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.16 | -0.01 | 0.12 | 69 | Energy | |
| Exxon Mobil Corporation | -0.15 | 0.00 | 0.13 | 78 | Energy | |
| Chevron Corporation | -0.14 | 0.02 | 0.13 | 74 | Energy | |
| Walmart Inc. | -0.02 | 0.04 | 0.09 | 69 | Consumer Defensive | |
| Cardinal Health, Inc. | 0.01 | 0.08 | 0.16 | 83 | Healthcare |
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