Looking to diversify beyond SHEH? The ETFs below have the lowest correlation with SHEH — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from SHEH.
Best Diversifiers for SHEH
5 ETFs have low correlation with SHEH (below 0.3), 2 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GSK plc ADRhedged ETF | -0.02 | — | — | 53 | Health & Biotech Equities | SHEH vs GSKH | |
| HSBC Holdings plc ADRhedged ETF | -0.00 | — | — | 91 | Financials Equities | SHEH vs HSBH | |
| STMicroelectronics NV ADRhedged | 0.04 | — | — | 82 | Technology Equities | SHEH vs STHH | |
| Macquarie Global Listed Infrastructure ETF | 0.09 | — | — | 57 | Energy Equities | SHEH vs BILD | |
| Bny Mellon Global Infrastructure Income ETF | 0.11 | — | — | 66 | Energy Equities | SHEH vs BKGI |
See all 13 diversifiers for SHEH
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