Looking to balance out your exposure to UTHR? The ETFs below have the lowest correlation with UTHR — they tend to move on their own, which can help reduce risk when UTHR drops. The stock ideas table highlights individual companies that behave independently from UTHR.
Best Diversifiers for UTHR
7 ETFs have low correlation with UTHR (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.03, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.03 | 0.11 | 0.17 | 59 | Nasdaq-100 | UTHR vs QQQ | |
| iShares MSCI South Korea ETF | 0.04 | 0.11 | 0.14 | 93 | Asia Pacific Equities | UTHR vs EWY | |
| Invesco Variable Rate Investment Grade ETF | 0.04 | 0.01 | 0.04 | 99 | Ultrashort Bond | UTHR vs VRIG | |
| Invesco S&P 500 Momentum ETF | 0.06 | 0.15 | 0.23 | 70 | Momentum, S&P 500 | UTHR vs SPMO | |
| State Street SPDR S&P 500 ETF | 0.11 | 0.19 | 0.24 | 60 | S&P 500 | UTHR vs SPY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UTHR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UTHR and solid risk/return profiles. The least correlated is Cisco Systems, Inc. (CSCO) (Technology) with a 1Y correlation of -0.10, down from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cisco Systems, Inc. | -0.10 | 0.09 | 0.16 | 93 | Technology | |
| Cboe Global Markets, Inc. | -0.10 | -0.04 | 0.07 | 52 | Financial Services | |
| AppLovin Corporation | -0.09 | 0.02 | 0.06 | 58 | Communication Services | |
| CrowdStrike Holdings, Inc. | -0.09 | 0.03 | 0.06 | 66 | Technology | |
| NVIDIA Corporation | -0.06 | 0.02 | 0.06 | 70 | Technology |
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