Looking to diversify beyond HELO? The ETFs below have the lowest correlation with HELO — 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 HELO.
Best Diversifiers for HELO
329 ETFs have low correlation with HELO (below 0.3), 34 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | HELO vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | HELO vs RBIL | |
| ProShares UltraShort Yen | -0.16 | — | — | 61 | Leveraged Currency | HELO vs YCS | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 95 | Inflation-Protected Bonds | HELO vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.13 | — | — | 98 | Ultrashort Bond | HELO vs BAMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HELO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HELO and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.17, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.17 | -0.02 | -0.02 | 70 | Consumer Defensive | |
| Duke Energy Corporation | -0.15 | -0.03 | -0.03 | 62 | Utilities | |
| Chevron Corporation | -0.09 | 0.06 | 0.06 | 68 | Energy | |
| The Southern Company | -0.09 | 0.01 | 0.01 | 55 | Utilities | |
| Verizon Communications Inc. | -0.09 | -0.00 | -0.00 | 63 | Communication Services |
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