Looking to diversify beyond HDGE? The ETFs below have the lowest correlation with HDGE — 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 HDGE.
Best Diversifiers for HDGE
2117 ETFs have low correlation with HDGE (below 0.3), 2063 of which are negatively correlated. The least correlated is Vanguard U.S. Value Factor ETF (VFVA) (Mid Cap Value Equities) with a 1Y correlation of -0.87, roughly unchanged from -0.82 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard U.S. Value Factor ETF | -0.87 | -0.85 | -0.83 | 58 | Mid Cap Value Equities | HDGE vs VFVA | |
| Pacer US Small Cap Cash Cows 100 ETF | -0.85 | -0.84 | -0.82 | 66 | Small Cap Blend Equities | HDGE vs CALF | |
| Hypatia Women CEO ETF | -0.83 | -0.87 | — | 66 | Small Cap Blend Equities | HDGE vs WCEO | |
| Bushido Capital US SMID Cap Equity ETF | -0.83 | -0.83 | -0.83 | 70 | Mid Cap Value Equities | HDGE vs RNIN | |
| WisdomTree U.S. SmallCap Fund | -0.83 | -0.86 | -0.84 | 57 | Small Cap Blend Equities | HDGE vs EES |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HDGE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HDGE and solid risk/return profiles. The least correlated is Dynex Capital, Inc. (DX) (Real Estate) with a 1Y correlation of -0.36, up from -0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Dynex Capital, Inc. | -0.36 | -0.50 | -0.52 | 74 | Real Estate |
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