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
8 ETFs have low correlation with UTHR (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco Variable Rate Investment Grade ETF (VRIG) (Ultrashort Bond) with a 1Y correlation of 0.04, roughly unchanged from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Variable Rate Investment Grade ETF | 0.04 | 0.01 | 0.04 | 99 | Ultrashort Bond | UTHR vs VRIG | |
| Vanguard Energy ETF | 0.06 | 0.11 | 0.14 | 64 | Energy Equities | UTHR vs VDE | |
| iShares MSCI South Korea ETF | 0.06 | 0.12 | 0.14 | 96 | Asia Pacific Equities | UTHR vs EWY | |
| Invesco QQQ ETF | 0.06 | 0.12 | 0.17 | 73 | Nasdaq-100 | UTHR vs QQQ | |
| Invesco S&P 500 Momentum ETF | 0.08 | 0.16 | 0.23 | 75 | Momentum, S&P 500 | UTHR vs SPMO |
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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 Cboe Global Markets, Inc. (CBOE) (Financial Services) with a 1Y correlation of -0.12, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cboe Global Markets, Inc. | -0.12 | -0.04 | 0.07 | 68 | Financial Services | |
| International Business Machines Corporation | -0.10 | 0.11 | 0.14 | 53 | Technology | |
| CrowdStrike Holdings, Inc. | -0.08 | 0.03 | 0.07 | 70 | Technology | |
| AppLovin Corporation | -0.07 | 0.03 | 0.06 | 59 | Technology | |
| Cisco Systems, Inc. | -0.04 | 0.09 | 0.17 | 95 | Technology |
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