Looking to balance out your exposure to HEIO.AS? The ETFs below have the lowest correlation with HEIO.AS — they tend to move on their own, which can help reduce risk when HEIO.AS drops. The stock ideas table highlights individual companies that behave independently from HEIO.AS.
Best Diversifiers for HEIO.AS
1 ETFs have low correlation with HEIO.AS (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard S&P 500 UCITS ETF (VUSA.AS) (S&P 500) with a 1Y correlation of -0.04, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 UCITS ETF | -0.04 | 0.09 | 0.21 | 70 | S&P 500 | HEIO.AS vs VUSA.AS |
Diversification Analysis
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