Looking to balance out your exposure to UNH? The ETFs below have historically moved differently from UNH, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for UNH
239 ETFs have low correlation with UNH (below 0.3), 3 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.05, roughly unchanged from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.05 | -0.03 | 0.01 | 100 | Government Bonds, Ultrashort Bond | UNH vs BIL | |
| ProShares UltraShort Yen | -0.04 | -0.01 | 0.00 | 56 | Leveraged Currency | UNH vs YCS | |
| iShares 0-1 Year Treasury Bond ETF | -0.01 | 0.02 | 0.02 | 100 | Government Bonds, Ultrashort Bond | UNH vs SHV | |
| WisdomTree Floating Rate Treasury Fund | 0.00 | -0.01 | -0.01 | 100 | Government Bonds, Ultrashort Bond | UNH vs USFR | |
| iShares iBonds Dec 2026 Term Treasury ETF | 0.00 | 0.00 | 0.03 | 99 | Government Bonds | UNH vs IBTG |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for UNH, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Fortum Oyj ADR (FOJCY) (Utilities) with a 1Y correlation of -0.07, down from 0.04 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Fortum Oyj ADR | -0.07 | -0.06 | 0.04 | 64 | Utilities | |
| Astera Labs, Inc. | -0.06 | -0.05 | -0.05 | 79 | Technology | |
| Celestica Inc. | -0.06 | -0.08 | 0.03 | 76 | Technology | |
| Liberty Latin America Ltd. | -0.05 | 0.01 | 0.08 | 90 | Communication Services | |
| Broadcom Inc. | -0.05 | -0.04 | 0.08 | 70 | Technology |
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