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Looking to balance out your exposure to POAHY? The ETFs below have the lowest correlation with POAHY — they tend to move on their own, which can help reduce risk when POAHY drops. The stock ideas table highlights individual companies that behave independently from POAHY.

Best Diversifiers for POAHY

0 ETFs have low correlation with POAHY (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 0.41, roughly unchanged from 0.45 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
Vanguard S&P 500 ETF0.410.390.45
74
S&P 500POAHY vs VOO
State Street SPDR S&P 500 ETF0.410.390.45
74
S&P 500POAHY vs SPY

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from POAHY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to POAHY and solid risk/return profiles. The least correlated is Bloom Energy Corporation (BE) (Industrials) with a 1Y correlation of 0.05, down from 0.26 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Bloom Energy Corporation0.050.190.26
99
Industrials
SoFi Technologies, Inc.0.200.290.30
55
Financial Services
Intel Corporation0.260.230.29
98
Technology

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Diversification Analysis

Build a portfolio that complements POAHY

Add POAHY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with POAHY