Looking to balance out your exposure to AEHR? The ETFs below have the lowest correlation with AEHR — they tend to move on their own, which can help reduce risk when AEHR drops. The stock ideas table highlights individual companies that behave independently from AEHR.
Best Diversifiers for AEHR
0 ETFs have low correlation with AEHR (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI South Korea ETF (EWY) (Asia Pacific Equities) with a 1Y correlation of 0.49, up from 0.38 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI South Korea ETF | 0.49 | 0.40 | 0.38 | 96 | Asia Pacific Equities | AEHR vs EWY | |
| Direxion Daily South Korea Bull 3X Shares | 0.49 | 0.40 | 0.39 | 97 | Leveraged Equities | AEHR vs KORU | |
| Valkyrie Bitcoin Miners ETF | 0.53 | 0.44 | 0.47 | 79 | Cryptocurrency | AEHR vs WGMI | |
| Global X Data Center & Digital Infrastructure ETF | 0.54 | 0.46 | 0.43 | 92 | REIT | AEHR vs DTCR | |
| Fidelity MSCI Information Technology Index ETF | 0.57 | 0.51 | 0.53 | 77 | Technology Equities | AEHR vs FTEC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from AEHR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to AEHR and solid risk/return profiles. The least correlated is Palo Alto Networks, Inc. (PANW) (Technology) with a 1Y correlation of 0.05, down from 0.27 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Palo Alto Networks, Inc. | 0.05 | 0.17 | 0.27 | 67 | Technology | |
| Praxis Precision Medicines, Inc. | 0.09 | 0.16 | 0.20 | 98 | Healthcare | |
| Palvella Therapeutics, Inc | 0.14 | 0.14 | 0.14 | 96 | Healthcare | |
| Capricor Therapeutics, Inc. | 0.14 | 0.17 | 0.20 | 79 | Healthcare | |
| Oscar Health, Inc. | 0.15 | 0.17 | 0.25 | 59 | Healthcare |
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Build a portfolio that complements AEHR
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