Looking to balance out your exposure to SPHL? The ETFs below have the lowest correlation with SPHL — they tend to move on their own, which can help reduce risk when SPHL drops. The stock ideas table highlights individual companies that behave independently from SPHL.
Best Diversifiers for SPHL
1 ETFs have low correlation with SPHL (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco S&P 500 Momentum ETF | 0.21 | — | — | 75 | Momentum, S&P 500 | SPHL vs SPMO |
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