Looking to diversify beyond HEEM? The ETFs below have the lowest correlation with HEEM — 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 HEEM.
Best Diversifiers for HEEM
357 ETFs have low correlation with HEEM (below 0.3), 44 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.20, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.20 | -0.11 | -0.08 | 61 | Leveraged Currency | HEEM vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | HEEM vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | HEEM vs RBIL | |
| Brookstone Ultra-Short Bond ETF | -0.15 | — | — | 98 | Ultrashort Bond | HEEM vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 95 | Inflation-Protected Bonds | HEEM vs IBID |
See all 2065 diversifiers for HEEM
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