Looking to balance out your exposure to AMPY? The ETFs below have the lowest correlation with AMPY — they tend to move on their own, which can help reduce risk when AMPY drops. The stock ideas table highlights individual companies that behave independently from AMPY.
Best Diversifiers for AMPY
1 ETFs have low correlation with AMPY (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of -0.14, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | -0.14 | 0.07 | 0.19 | 70 | S&P 500 | AMPY vs VOO |
Diversification Analysis
Build a portfolio that complements AMPY
Add AMPY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with AMPY