Looking to diversify beyond HACK? The ETFs below have the lowest correlation with HACK — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from HACK.
Best Diversifiers for HACK
792 ETFs have low correlation with HACK (below 0.3), 48 of which are negatively correlated. The least correlated is iShares Enhanced Short-Term Bond Active ETF (CSHP) (Ultrashort Bond) with a 1Y correlation of -0.13, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | 0.02 | 0.02 | 100 | Ultrashort Bond | HACK vs CSHP | |
| Breakwave Tanker Shipping ETF | -0.11 | -0.04 | -0.04 | 99 | Commodities | HACK vs BWET | |
| State Street My2026 Municipal Bond ETF | -0.10 | 0.01 | 0.01 | 96 | Municipal Bonds | HACK vs MYMF | |
| WisdomTree Floating Rate Treasury Fund | -0.08 | -0.01 | -0.01 | 100 | Government Bonds, Ultrashort Bond | HACK vs USFR | |
| iShares Diversified Commodity Swap UCITS ETF | -0.08 | -0.04 | -0.05 | 83 | Commodities | HACK vs ISCMF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HACK, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HACK and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.25, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.25 | -0.05 | 0.09 | 66 | Consumer Defensive | |
| Duke Energy Corporation | -0.25 | -0.13 | -0.02 | 53 | Utilities | |
| WEC Energy Group, Inc. | -0.20 | -0.09 | 0.02 | 50 | Utilities | |
| PepsiCo, Inc. | -0.20 | -0.03 | 0.07 | 56 | Consumer Defensive | |
| Altria Group, Inc. | -0.20 | -0.06 | 0.03 | 69 | Consumer Defensive |
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