Looking to diversify beyond HEFA? The ETFs below have the lowest correlation with HEFA — 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 HEFA.
Best Diversifiers for HEFA
331 ETFs have low correlation with HEFA (below 0.3), 53 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.27 | — | — | 97 | Inflation-Protected Bonds | HEFA vs RBIL | |
| United States Gasoline Fund LP | -0.26 | -0.07 | 0.06 | 55 | Oil & Gas | HEFA vs UGA | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.23 | — | — | 95 | Inflation-Protected Bonds | HEFA vs IBID | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | HEFA vs IBIC | |
| VanEck Commodity Strategy ETF | -0.14 | 0.03 | 0.06 | 57 | Commodities | HEFA vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HEFA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HEFA and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.14, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.14 | 0.03 | 0.14 | 72 | Consumer Defensive | |
| Verizon Communications Inc. | -0.04 | 0.10 | 0.18 | 66 | Communication Services | |
| Applied Digital Corporation | 0.35 | 0.33 | 0.29 | 94 | Technology | |
| Robinhood Markets, Inc. | 0.44 | 0.43 | — | 58 | Financial Services |
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