Looking to balance out your exposure to HLLY? The ETFs below have the lowest correlation with HLLY — they tend to move on their own, which can help reduce risk when HLLY drops. The stock ideas table highlights individual companies that behave independently from HLLY.
Best Diversifiers for HLLY
0 ETFs have low correlation with HLLY (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.34, roughly unchanged from 0.37 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.34 | 0.37 | — | 70 | S&P 500 | HLLY vs SPY |
Diversification Analysis
Build a portfolio that complements HLLY
Add HLLY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HLLY