Looking to diversify beyond HEDJ? The ETFs below have the lowest correlation with HEDJ — 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 HEDJ.
Best Diversifiers for HEDJ
346 ETFs have low correlation with HEDJ (below 0.3), 59 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.32, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.32 | -0.11 | 0.02 | 55 | Oil & Gas | HEDJ vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.29 | — | — | 98 | Inflation-Protected Bonds | HEDJ vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.29 | — | — | 97 | Inflation-Protected Bonds | HEDJ vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.23 | — | — | 95 | Inflation-Protected Bonds | HEDJ vs IBID | |
| ProShares UltraShort Yen | -0.20 | -0.05 | -0.00 | 63 | Leveraged Currency | HEDJ vs YCS |
See all 1951 diversifiers for HEDJ
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