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Looking to balance out your exposure to USAC? The ETFs below have the lowest correlation with USAC — they tend to move on their own, which can help reduce risk when USAC drops. The stock ideas table highlights individual companies that behave independently from USAC.

Best Diversifiers for USAC

4 ETFs have low correlation with USAC (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco NASDAQ 100 ETF (QQQM) (Nasdaq-100) with a 1Y correlation of 0.06, down from 0.20 over 5 years.


Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from USAC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to USAC and solid risk/return profiles. The least correlated is Amazon.com, Inc (AMZN) (Consumer Cyclical) with a 1Y correlation of -0.00, down from 0.13 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Amazon.com, Inc-0.000.070.13
60
Consumer Cyclical
Trinity Capital Inc.0.140.210.23
80
Financial Services
Bank of America Corporation0.220.270.32
64
Financial Services
Kodiak Gas Services Inc.0.37
91
Energy
Delek Logistics Partners, LP0.390.340.33
76
Energy

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Diversification Analysis

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