Looking to balance out your exposure to PHG? The ETFs below have the lowest correlation with PHG — they tend to move on their own, which can help reduce risk when PHG drops. The stock ideas table highlights individual companies that behave independently from PHG.
Best Diversifiers for PHG
0 ETFs have low correlation with PHG (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.51, roughly unchanged from 0.46 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.51 | 0.44 | 0.46 | 74 | S&P 500 | PHG vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PHG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PHG and solid risk/return profiles. The least correlated is Linde plc (LIN) (Basic Materials) with a 1Y correlation of 0.18, down from 0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Linde plc | 0.18 | 0.26 | 0.32 | 53 | Basic Materials | |
| Intel Corporation | 0.19 | 0.23 | 0.29 | 98 | Technology | |
| General Electric Company | 0.27 | 0.25 | 0.33 | 69 | Industrials | |
| KLA Corporation | 0.28 | 0.28 | 0.32 | 95 | Technology | |
| Applied Materials, Inc. | 0.28 | 0.27 | 0.32 | 97 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements PHG
Add PHG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with PHG