Looking to diversify beyond UNX? The ETFs below have the lowest correlation with UNX — 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 UNX.
Best Diversifiers for UNX
2 ETFs have low correlation with UNX (below 0.3), 0 of which are negatively correlated. The least correlated is GraniteShares 2x Long DELL Daily ETF (DLLL) (Leveraged Equities) with a 1Y correlation of 0.20, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 0.20 | 0.20 | 0.20 | 94 | Leveraged Equities | UNX vs DLLL | |
| GraniteShares 2x Long MRVL Daily ETF | 0.21 | — | — | 68 | Leveraged Equities | UNX vs MVLL |
Diversification Analysis
Build a portfolio that complements UNX
Add UNX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UNX