Looking to diversify beyond SHEH? The ETFs below have historically moved differently from SHEH, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for SHEH
46 ETFs have low correlation with SHEH (below 0.3), 25 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Pacer MSCI World Industry Advantage ETF | -0.16 | — | — | 51 | Global Equities | SHEH vs GLBL | |
| Goldman Sachs ActiveBeta World Equity ETF | -0.14 | — | — | 56 | Global Equities | SHEH vs GSWO | |
| iShares Global Equity Factor ETF | -0.12 | — | — | 64 | Global Equities | SHEH vs GLOF | |
| FPA Global Equity ETF | -0.12 | — | — | 57 | Global Equities | SHEH vs FPAG | |
| iShares MSCI World ETF | -0.11 | — | — | 56 | Global Equities | SHEH vs URTH |
See all 63 diversifiers for SHEH
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