Looking to diversify beyond HBTA? The ETFs below have the lowest correlation with HBTA — 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 HBTA.
Best Diversifiers for HBTA
328 ETFs have low correlation with HBTA (below 0.3), 47 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.26, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.26 | -0.10 | -0.10 | 55 | Oil & Gas | HBTA vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | HBTA vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | HBTA vs IBIC | |
| Direxion Daily NFLX Bear 1X Shares | -0.18 | -0.29 | -0.29 | 55 | Inverse Equities | HBTA vs NFXS | |
| ProShares UltraShort Yen | -0.16 | — | — | 63 | Leveraged Currency | HBTA vs YCS |
See all 1942 diversifiers for HBTA
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