Looking to diversify beyond HEWJ? The ETFs below have historically moved differently from HEWJ, 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 HEWJ
484 ETFs have low correlation with HEWJ (below 0.3), 73 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.31 | — | — | 63 | Derivative Income | HEWJ vs WNTR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.23 | — | — | 97 | Inflation-Protected Bonds | HEWJ vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.22 | — | — | 96 | Inflation-Protected Bonds | HEWJ vs IBID | |
| Invesco DB Energy Fund | -0.22 | -0.05 | 0.07 | 53 | Oil & Gas | HEWJ vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | HEWJ vs IBIC |
See all 2172 diversifiers for HEWJ
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