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
3 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 0.03, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco NASDAQ 100 ETF | 0.03 | 0.13 | 0.20 | 54 | Nasdaq-100 | USAC vs QQQM | |
| JPMorgan Nasdaq Equity Premium Income ETF | 0.04 | 0.14 | — | 60 | Nasdaq-100, Derivative Income | USAC vs JEPQ | |
| NEOS S&P 500 High Income ETF | 0.07 | 0.19 | — | 70 | Derivative Income, S&P 500 | USAC vs SPYI | |
| Schwab U.S. Dividend Equity ETF | 0.34 | 0.33 | 0.39 | 91 | Dividend | USAC vs SCHD | |
| Alerian MLP ETF | 0.57 | 0.59 | 0.59 | 56 | MLPs | USAC vs AMLP |
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 -0.04, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amazon.com, Inc | -0.04 | 0.05 | 0.12 | 56 | Consumer Cyclical | |
| Omega Healthcare Investors, Inc. | 0.05 | 0.12 | 0.18 | 90 | Real Estate | |
| NextEra Energy, Inc. | 0.10 | 0.11 | 0.14 | 73 | Utilities | |
| Trinity Capital Inc. | 0.10 | 0.19 | 0.23 | 90 | Financial Services | |
| Berkshire Hathaway Inc. | 0.13 | 0.19 | 0.29 | 53 | Financial Services |
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