Looking to balance out your exposure to UTZ? The ETFs below have the lowest correlation with UTZ — they tend to move on their own, which can help reduce risk when UTZ drops. The stock ideas table highlights individual companies that behave independently from UTZ.
Best Diversifiers for UTZ
3 ETFs have low correlation with UTZ (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.01, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.01 | 0.05 | 0.17 | 62 | Nasdaq-100 | UTZ vs QQQ | |
| Vanguard S&P 500 ETF | 0.08 | 0.12 | 0.22 | 66 | S&P 500 | UTZ vs VOO | |
| Vanguard Total Stock Market ETF | 0.10 | 0.14 | 0.24 | 64 | Large Cap Blend Equities | UTZ vs VTI |
Diversification Analysis
Build a portfolio that complements UTZ
Add UTZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with UTZ