Looking to diversify beyond HERD? The ETFs below have the lowest correlation with HERD — 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 HERD.
Best Diversifiers for HERD
282 ETFs have low correlation with HERD (below 0.3), 20 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.30, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.30 | -0.13 | -0.10 | 63 | Leveraged Currency | HERD vs YCS | |
| United States Gasoline Fund LP | -0.18 | 0.08 | 0.20 | 55 | Oil & Gas | HERD vs UGA | |
| WisdomTree Floating Rate Treasury Fund | -0.11 | -0.06 | -0.03 | 100 | Government Bonds, Ultrashort Bond | HERD vs USFR | |
| TCW AAA CLO ETF | -0.09 | — | — | 99 | CLO | HERD vs ACLO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.08 | — | — | 98 | Inflation-Protected Bonds | HERD vs IBIC |
See all 1941 diversifiers for HERD
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Diversification Analysis
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