Looking to balance out your exposure to UNFI? The ETFs below have the lowest correlation with UNFI — they tend to move on their own, which can help reduce risk when UNFI drops. The stock ideas table highlights individual companies that behave independently from UNFI.
Best Diversifiers for UNFI
5 ETFs have low correlation with UNFI (below 0.3), 0 of which are negatively correlated. The least correlated is PIMCO Enhanced Short Maturity Active ETF (MINT) (Ultrashort Bond) with a 1Y correlation of 0.02, roughly unchanged from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Enhanced Short Maturity Active ETF | 0.02 | 0.04 | 0.05 | 100 | Ultrashort Bond | UNFI vs MINT | |
| Vanguard Mortgage-Backed Securities ETF | 0.09 | 0.08 | 0.03 | 52 | Mortgage Backed Securities | UNFI vs VMBS | |
| Vanguard Short-Term Bond Index Fund ETF Shares | 0.11 | 0.05 | 0.03 | 74 | Short-Term Bond | UNFI vs BSV | |
| iShares 1-3 Year Treasury Bond ETF | 0.12 | 0.05 | 0.01 | 89 | Government Bonds, Short-Term Bond | UNFI vs SHY | |
| State Street SPDR S&P 500 ETF | 0.25 | 0.28 | 0.38 | 70 | S&P 500 | UNFI vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UNFI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UNFI and solid risk/return profiles. The least correlated is Chord Energy Corp (CHRD) (Energy) with a 1Y correlation of -0.01, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chord Energy Corp | -0.01 | 0.12 | 0.21 | 64 | Energy | |
| Consolidated Edison, Inc. | 0.01 | 0.12 | 0.14 | 69 | Utilities | |
| Credo Technology Group Holding Ltd | 0.03 | 0.08 | — | 81 | Technology | |
| TechnipFMC plc | 0.04 | 0.12 | 0.20 | 97 | Energy | |
| Rivian Automotive, Inc. | 0.04 | 0.18 | 0.23 | 66 | Consumer Cyclical |
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