Looking to diversify beyond HEFT? The ETFs below have historically moved differently from HEFT, 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 HEFT
1025 ETFs have low correlation with HEFT (below 0.3), 83 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.20, roughly unchanged from -0.20 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.20 | -0.20 | -0.20 | 61 | Cryptocurrency | HEFT vs BITI | |
| AAPL WeeklyPay™ ETF | -0.12 | -0.12 | -0.12 | 74 | Derivative Income, Leveraged Equities | HEFT vs AAPW | |
| Kurv Yield Premium Strategy Apple (AAPL) ETF | -0.09 | -0.09 | -0.09 | 60 | Derivative Income | HEFT vs AAPY | |
| SEI Enhanced Low Volatility US Large Cap ETF | -0.08 | -0.08 | -0.08 | 60 | Low Volatility | HEFT vs SELV | |
| SanJac Alpha Low Duration ETF | -0.08 | -0.08 | -0.08 | 95 | Short-Term Bond | HEFT vs SJLD |
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