Looking to diversify beyond HAPS? The ETFs below have the lowest correlation with HAPS — 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 HAPS.
Best Diversifiers for HAPS
290 ETFs have low correlation with HAPS (below 0.3), 36 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.25, down from -0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.25 | -0.03 | — | 55 | Oil & Gas | HAPS vs UGA | |
| ProShares UltraShort Yen | -0.20 | -0.09 | — | 63 | Leveraged Currency | HAPS vs YCS | |
| WisdomTree Floating Rate Treasury Fund | -0.19 | -0.04 | -0.04 | 100 | Government Bonds, Ultrashort Bond | HAPS vs USFR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | -0.16 | -0.16 | 97 | Inflation-Protected Bonds | HAPS vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | HAPS vs IBIC |
See all 1943 diversifiers for HAPS
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