Looking to balance out your exposure to HAGHY? The ETFs below have the lowest correlation with HAGHY — they tend to move on their own, which can help reduce risk when HAGHY drops. The stock ideas table highlights individual companies that behave independently from HAGHY.
Best Diversifiers for HAGHY
4 ETFs have low correlation with HAGHY (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.06, roughly unchanged from 0.02 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.06 | 0.02 | — | 100 | Ultrashort Bond | HAGHY vs SGOV | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.03 | 0.05 | — | 93 | Inflation-Protected Bonds | HAGHY vs VTIP | |
| Invesco Optimum Yield Diversified Commodity Strate... | 0.07 | 0.07 | — | 70 | Commodities | HAGHY vs PDBC | |
| iShares Core MSCI Emerging Markets ETF | 0.22 | 0.13 | 0.11 | 59 | Emerging Markets Diversified | HAGHY vs IEMG |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HAGHY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HAGHY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Talen Energy Corporation | 0.08 | — | — | 65 | Utilities | |
| Seagate Technology plc | 0.09 | 0.05 | 0.05 | 99 | Technology | |
| D-Wave Quantum Inc | 0.14 | 0.09 | 0.06 | 58 | Technology | |
| Nebius Group N.V. | 0.14 | 0.10 | 0.10 | 95 | Communication Services | |
| Sterling Construction Company, Inc. | 0.15 | 0.09 | 0.07 | 97 | Industrials |
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