Looking to diversify beyond HEAL? The ETFs below have historically moved differently from HEAL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for HEAL
494 ETFs have low correlation with HEAL (below 0.3), 92 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.33 | — | — | 69 | Derivative Income | HEAL vs WNTR | |
| ProShares Short Bitcoin ETF | -0.31 | -0.32 | — | 51 | Cryptocurrency | HEAL vs BITI | |
| Invesco DB Energy Fund | -0.29 | -0.06 | 0.01 | 66 | Oil & Gas | HEAL vs DBE | |
| Invesco DB Oil Fund | -0.24 | -0.03 | 0.02 | 51 | Oil & Gas | HEAL vs DBO | |
| YieldMax XOM Option Income Strategy ETF | -0.22 | 0.05 | 0.05 | 52 | Derivative Income, Dividend | HEAL vs XOMO |
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