Looking to diversify beyond AMHE.TO? The ETFs below have the lowest correlation with AMHE.TO — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from AMHE.TO.
Best Diversifiers for AMHE.TO
4 ETFs have low correlation with AMHE.TO (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| BetaPro S&P/TSX Capped Energy 2x Daily Bull ETF | -0.20 | — | — | 80 | Leveraged Equities | AMHE.TO vs NRGU.TO | |
| Harvest Equal Weight Global Utilities Enhanced Inc... | 0.03 | — | — | 62 | Derivative Income, Utilities Equities | AMHE.TO vs HUTE.TO | |
| BetaPro S&P/TSX 60 2x Daily Bull ETF | 0.29 | — | — | 91 | Leveraged Equities | AMHE.TO vs CNDU.TO | |
| Hamilton Enhanced Canadian Bank ETF | 0.30 | — | — | 98 | Financials Equities, Canada Equities, Leveraged Equities | AMHE.TO vs HCAL.TO | |
| BetaPro S&P/TSX Capped Financials 2x Daily Bull ET... | 0.31 | — | — | 97 | Leveraged Equities, Financials Equities, Canada Equities | AMHE.TO vs CFOU.TO |
See all 9 diversifiers for AMHE.TO
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Diversification Analysis
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