Looking to diversify beyond HAPI? The ETFs below have the lowest correlation with HAPI — 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 HAPI.
Best Diversifiers for HAPI
384 ETFs have low correlation with HAPI (below 0.3), 79 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.29, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.29 | -0.06 | 0.02 | 71 | Oil & Gas | HAPI vs DBE | |
| United States Oil Fund LP | -0.29 | -0.05 | — | 66 | Oil & Gas | HAPI vs USO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.27 | -0.03 | 0.04 | 56 | Oil & Gas | HAPI vs OILK | |
| United States 12 Month Oil Fund LP | -0.26 | -0.03 | 0.04 | 56 | Oil & Gas | HAPI vs USL | |
| Invesco DB Oil Fund | -0.26 | -0.05 | 0.03 | 65 | Oil & Gas | HAPI vs DBO |
See all 2181 diversifiers for HAPI
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