Looking to balance out your exposure to PHVS? The ETFs below have the lowest correlation with PHVS — they tend to move on their own, which can help reduce risk when PHVS drops. The stock ideas table highlights individual companies that behave independently from PHVS.
Best Diversifiers for PHVS
1 ETFs have low correlation with PHVS (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.24, up from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.24 | 0.18 | 0.12 | 59 | Nasdaq-100 | PHVS vs QQQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from PHVS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to PHVS and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Alumis Inc | 0.17 | — | — | 99 | Healthcare |
Build a portfolio that complements PHVS
Add PHVS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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