Looking to diversify beyond HAWX? The ETFs below have the lowest correlation with HAWX — 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 HAWX.
Best Diversifiers for HAWX
317 ETFs have low correlation with HAWX (below 0.3), 45 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.30, down from 0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.30 | -0.05 | 0.08 | 55 | Oil & Gas | HAWX vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | — | — | 97 | Inflation-Protected Bonds | HAWX vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.24 | — | — | 98 | Inflation-Protected Bonds | HAWX vs IBIC | |
| ProShares UltraShort Yen | -0.22 | -0.03 | 0.01 | 63 | Leveraged Currency | HAWX vs YCS | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.21 | — | — | 95 | Inflation-Protected Bonds | HAWX vs IBID |
See all 1950 diversifiers for HAWX
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