Looking to diversify beyond HEFT? The ETFs below have the lowest correlation with HEFT — 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 HEFT.
Best Diversifiers for HEFT
834 ETFs have low correlation with HEFT (below 0.3), 70 of which are negatively correlated. The least correlated is WisdomTree High Income Laddered Municipal ETF (WTMY) (High Yield Muni) with a 1Y correlation of -0.16, roughly unchanged from -0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree High Income Laddered Municipal ETF | -0.16 | -0.16 | -0.16 | 68 | High Yield Muni | HEFT vs WTMY | |
| AAPL WeeklyPay™ ETF | -0.11 | — | — | 57 | Derivative Income, Leveraged Equities | HEFT vs AAPW | |
| WisdomTree Core Laddered Municipal ETF | -0.11 | -0.11 | — | 68 | Municipal Bonds | HEFT vs WTMU | |
| PGIM Floating Rate Income ETF | -0.10 | -0.10 | -0.10 | 92 | Bank Loan | HEFT vs PFRL | |
| Vanguard Ultra-Short Treasury ETF | -0.10 | -0.10 | -0.10 | 99 | Ultrashort Bond, Government Bonds | HEFT vs VGUS |
See all 1929 diversifiers for HEFT
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