Looking to diversify beyond HAIL? The ETFs below have the lowest correlation with HAIL — 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 HAIL.
Best Diversifiers for HAIL
415 ETFs have low correlation with HAIL (below 0.3), 66 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.49 | — | — | 60 | Inverse Equities | HAIL vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.49 | — | — | 68 | Inverse Equities, Leveraged Equities | HAIL vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.49 | — | — | 70 | Derivative Income | HAIL vs WNTR | |
| ProShares Short Bitcoin ETF | -0.47 | -0.39 | -0.42 | 57 | Cryptocurrency | HAIL vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.47 | -0.44 | -0.44 | 52 | Cryptocurrency, Leveraged Cryptocurrency | HAIL vs SBIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HAIL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HAIL and solid risk/return profiles. The least correlated is Vertiv Holdings Co. (VRT) (Industrials) with a 1Y correlation of 0.55, roughly unchanged from 0.57 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Vertiv Holdings Co. | 0.55 | 0.49 | 0.57 | 93 | Industrials |
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