Looking to balance out your exposure to IHS? The ETFs below have the lowest correlation with IHS — they tend to move on their own, which can help reduce risk when IHS drops. The stock ideas table highlights individual companies that behave independently from IHS.
Best Diversifiers for IHS
1 ETFs have low correlation with IHS (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco S&P MidCap Momentum ETF (XMMO) (Momentum) with a 1Y correlation of 0.14, roughly unchanged from 0.22 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P MidCap Momentum ETF | 0.14 | 0.22 | — | 67 | Momentum, Mid Cap Growth Equities | IHS vs XMMO |
Diversification Analysis
Build a portfolio that complements IHS
Add IHS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IHS