Looking to balance out your exposure to UTI? The ETFs below have the lowest correlation with UTI — they tend to move on their own, which can help reduce risk when UTI drops. The stock ideas table highlights individual companies that behave independently from UTI.
Best Diversifiers for UTI
2 ETFs have low correlation with UTI (below 0.3), 0 of which are negatively correlated. The least correlated is Franklin International Low Volatility High Dividend Index ETF (LVHI) (Volatility Hedged Equity) with a 1Y correlation of 0.15, roughly unchanged from 0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin International Low Volatility High Dividen... | 0.15 | 0.17 | 0.22 | 95 | Volatility Hedged Equity, Dividend | UTI vs LVHI | |
| Invesco NASDAQ 100 ETF | 0.15 | 0.25 | 0.29 | 61 | Nasdaq-100 | UTI vs QQQM |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from UTI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to UTI and solid risk/return profiles. The least correlated is Credo Technology Group Holding Ltd (CRDO) (Technology) with a 1Y correlation of -0.01, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Credo Technology Group Holding Ltd | -0.01 | 0.14 | 0.18 | 83 | Technology | |
| Triton International Ltd | -0.00 | 0.02 | 0.08 | 89 | Industrials | |
| Broadcom Inc. | 0.00 | 0.15 | 0.20 | 72 | Technology | |
| American Electric Power Company, Inc. | 0.01 | 0.02 | 0.07 | 88 | Utilities | |
| Reddit, Inc. | 0.02 | 0.15 | 0.15 | 63 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements UTI
Add UTI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UTI