Looking to diversify beyond UNHW? The ETFs below have the lowest correlation with UNHW — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from UNHW.
Best Diversifiers for UNHW
10 ETFs have low correlation with UNHW (below 0.3), 0 of which are negatively correlated. The least correlated is Leverage Shares 2X Long ARM Daily ETF (ARMG) (Leveraged Equities) with a 1Y correlation of 0.02, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2X Long ARM Daily ETF | 0.02 | 0.02 | 0.02 | 71 | Leveraged Equities | UNHW vs ARMG | |
| SPDR S&P Pharmaceuticals ETF | 0.07 | 0.07 | 0.07 | 80 | Health & Biotech Equities | UNHW vs XPH | |
| Leverage Shares 2X Long ASML Daily ETF | 0.11 | 0.11 | 0.11 | 91 | Leveraged Equities | UNHW vs ASMG | |
| GraniteShares 2x Long DELL Daily ETF | 0.11 | 0.11 | 0.11 | 95 | Leveraged Equities | UNHW vs DLLL | |
| GraniteShares 2x Long MRVL Daily ETF | 0.13 | 0.13 | 0.13 | 94 | Leveraged Equities | UNHW vs MVLL |
See all 10 diversifiers for UNHW
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Diversification Analysis
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