Looking to diversify beyond HFEQ? The ETFs below have the lowest correlation with HFEQ — 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 HFEQ.
Best Diversifiers for HFEQ
332 ETFs have low correlation with HFEQ (below 0.3), 34 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.40 | — | — | 53 | Inverse Equities | HFEQ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.40 | — | — | 60 | Inverse Equities, Leveraged Equities | HFEQ vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.36 | — | — | 65 | Derivative Income | HFEQ vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.27 | -0.27 | -0.27 | 51 | Multistrategy | HFEQ vs RSBY | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.08 | -0.08 | -0.08 | 51 | Commodities | HFEQ vs PDBC |
See all 2012 diversifiers for HFEQ
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