Looking to balance out your exposure to THS? The ETFs below have the lowest correlation with THS — they tend to move on their own, which can help reduce risk when THS drops. The stock ideas table highlights individual companies that behave independently from THS.
Best Diversifiers for THS
2 ETFs have low correlation with THS (below 0.3), 1 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of -0.02, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | -0.02 | 0.07 | 0.12 | 62 | Nasdaq-100 | THS vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.07 | 0.18 | 0.22 | 66 | S&P 500 | THS vs SPY |
Diversification Analysis
Build a portfolio that complements THS
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