Looking to diversify beyond HELX? The ETFs below have the lowest correlation with HELX — 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 HELX.
Best Diversifiers for HELX
344 ETFs have low correlation with HELX (below 0.3), 43 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.28, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.28 | -0.13 | -0.11 | 61 | Leveraged Currency | HELX vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.19 | — | — | 97 | Inflation-Protected Bonds | HELX vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | HELX vs IBIC | |
| iShares 0-3 Month Treasury Bond ETF | -0.18 | -0.05 | -0.03 | 100 | Ultrashort Bond | HELX vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.14 | -0.10 | -0.04 | 100 | Government Bonds, Ultrashort Bond | HELX vs BIL |
See all 2068 diversifiers for HELX
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Diversification Analysis
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