Looking to balance out your exposure to H? The ETFs below have the lowest correlation with H — they tend to move on their own, which can help reduce risk when H drops. The stock ideas table highlights individual companies that behave independently from H.
Best Diversifiers for H
1 ETFs have low correlation with H (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.25, down from 0.47 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.25 | 0.40 | 0.47 | 50 | Technology Equities | H vs VGT | |
| Invesco QQQ ETF | 0.31 | 0.43 | 0.48 | 53 | Nasdaq-100 | H vs QQQ | |
| Vanguard S&P 500 ETF | 0.43 | 0.53 | 0.55 | 66 | S&P 500 | H vs VOO | |
| State Street SPDR S&P 500 ETF | 0.43 | 0.53 | 0.55 | 65 | S&P 500 | H vs SPY | |
| Vanguard Total Stock Market ETF | 0.45 | 0.56 | 0.57 | 66 | Large Cap Blend Equities | H vs VTI |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from H, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to H and solid risk/return profiles. The least correlated is Kinder Morgan, Inc. (KMI) (Energy) with a 1Y correlation of 0.01, down from 0.28 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Kinder Morgan, Inc. | 0.01 | 0.18 | 0.28 | 77 | Energy | |
| Walmart Inc. | 0.02 | 0.14 | 0.14 | 69 | Consumer Defensive | |
| Nebius Group N.V. | 0.03 | — | — | 91 | Communication Services | |
| Archer-Daniels-Midland Company | 0.06 | 0.15 | 0.20 | 92 | Consumer Defensive | |
| Cardinal Health, Inc. | 0.08 | 0.11 | 0.14 | 83 | Healthcare |
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