Looking to balance out your exposure to SHC? The ETFs below have the lowest correlation with SHC — they tend to move on their own, which can help reduce risk when SHC drops. The stock ideas table highlights individual companies that behave independently from SHC.
Best Diversifiers for SHC
0 ETFs have low correlation with SHC (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 0.44, roughly unchanged from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.44 | 0.38 | 0.47 | 70 | S&P 500 | SHC vs SPY | |
| Vanguard S&P 500 ETF | 0.44 | 0.38 | 0.47 | 70 | S&P 500 | SHC vs VOO |
Diversification Analysis
Build a portfolio that complements SHC
Add SHC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with SHC