Looking to diversify beyond HEAL? The ETFs below have the lowest correlation with HEAL — 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 HEAL.
Best Diversifiers for HEAL
480 ETFs have low correlation with HEAL (below 0.3), 81 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.27, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.27 | -0.03 | 0.02 | 66 | Oil & Gas | HEAL vs USO | |
| Invesco DB Energy Fund | -0.26 | -0.03 | 0.03 | 71 | Oil & Gas | HEAL vs DBE | |
| United States Brent Oil Fund LP | -0.25 | -0.02 | 0.02 | 65 | Oil & Gas | HEAL vs BNO | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.23 | 0.00 | 0.04 | 55 | Oil & Gas | HEAL vs OILK | |
| Defiance Oil Enhanced Options Income ETF | -0.23 | — | — | 56 | Derivative Income | HEAL vs USOY |
See all 2106 diversifiers for HEAL
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