Looking to balance out your exposure to SPH? The ETFs below have the lowest correlation with SPH — they tend to move on their own, which can help reduce risk when SPH drops. The stock ideas table highlights individual companies that behave independently from SPH.
Best Diversifiers for SPH
2 ETFs have low correlation with SPH (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) (Nasdaq-100) with a 1Y correlation of 0.01, roughly unchanged from 0.11 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | 0.01 | 0.11 | — | 74 | Nasdaq-100, Derivative Income | SPH vs JEPQ | |
| Vanguard S&P 500 ETF | 0.07 | 0.16 | 0.22 | 70 | S&P 500 | SPH vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from SPH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to SPH and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.04, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.04 | 0.01 | 0.07 | 78 | Technology | |
| International Seaways, Inc. | 0.03 | 0.11 | 0.17 | 95 | Energy | |
| Viper Energy Partners LP | 0.08 | 0.16 | 0.27 | 60 | Energy | |
| Valero Energy Corporation | 0.17 | 0.20 | 0.27 | 93 | Energy | |
| British American Tobacco p.l.c. | 0.22 | 0.15 | 0.19 | 77 | Consumer Defensive |
Build a portfolio that complements SPH
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