Looking to diversify beyond HCMT? The ETFs below have the lowest correlation with HCMT — 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 HCMT.
Best Diversifiers for HCMT
364 ETFs have low correlation with HCMT (below 0.3), 37 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.17, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.17 | -0.03 | -0.03 | 55 | Oil & Gas | HCMT vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | -0.04 | -0.04 | 98 | Inflation-Protected Bonds | HCMT vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | -0.00 | -0.00 | 95 | Inflation-Protected Bonds | HCMT vs IBID | |
| Direxion Daily NFLX Bear 1X Shares | -0.14 | -0.31 | -0.31 | 55 | Inverse Equities | HCMT vs NFXS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.13 | -0.15 | -0.15 | 97 | Inflation-Protected Bonds | HCMT vs RBIL |
See all 1942 diversifiers for HCMT
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