Looking to balance out your exposure to AMPL? The ETFs below have the lowest correlation with AMPL — they tend to move on their own, which can help reduce risk when AMPL drops. The stock ideas table highlights individual companies that behave independently from AMPL.
Best Diversifiers for AMPL
1 ETFs have low correlation with AMPL (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.08, down from 0.24 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.08 | 0.24 | — | 77 | Dividend | AMPL vs SCHD | |
| Vanguard S&P 500 ETF | 0.31 | 0.40 | — | 60 | S&P 500 | AMPL vs VOO | |
| Defiance Quantum ETF | 0.32 | 0.44 | — | 87 | Technology Equities | AMPL vs QTUM | |
| State Street SPDR S&P 500 ETF | 0.32 | 0.41 | — | 60 | S&P 500 | AMPL vs SPY |
Diversification Analysis
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