Looking to balance out your exposure to UNVGY? The ETFs below have the lowest correlation with UNVGY — they tend to move on their own, which can help reduce risk when UNVGY drops. The stock ideas table highlights individual companies that behave independently from UNVGY.
Best Diversifiers for UNVGY
1 ETFs have low correlation with UNVGY (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.26, roughly unchanged from 0.28 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.26 | 0.28 | — | 70 | S&P 500 | UNVGY vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UNVGY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UNVGY and solid risk/return profiles. The least correlated is Verizon Communications Inc. (VZ) (Communication Services) with a 1Y correlation of 0.03, roughly unchanged from 0.07 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Verizon Communications Inc. | 0.03 | 0.07 | — | 59 | Communication Services | |
| Orange S.A | 0.09 | 0.14 | — | 88 | Communication Services | |
| Baidu, Inc. | 0.12 | 0.17 | — | 72 | Communication Services | |
| Koninklijke KPN NV ADR | 0.14 | 0.17 | — | 55 | Communication Services |
Build a portfolio that complements UNVGY
Add UNVGY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UNVGY