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
288 ETFs have low correlation with HFEQ (below 0.3), 32 of which are negatively correlated. The least correlated is Global X 1-3 Month T-Bill ETF (CLIP) (Ultrashort Bond) with a 1Y correlation of -0.09, roughly unchanged from -0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Global X 1-3 Month T-Bill ETF | -0.09 | -0.09 | -0.09 | 100 | Ultrashort Bond | HFEQ vs CLIP | |
| Brookstone Ultra-Short Bond ETF | -0.08 | -0.08 | -0.08 | 98 | Ultrashort Bond | HFEQ vs BAMU | |
| iShares Diversified Commodity Swap UCITS ETF | -0.08 | -0.08 | -0.08 | 77 | Commodities | HFEQ vs ISCMF | |
| iShares Enhanced Short-Term Bond Active ETF | -0.07 | -0.07 | -0.07 | 99 | Ultrashort Bond | HFEQ vs CSHP | |
| First Trust Alternative Absolute Return Strategy E... | -0.07 | -0.07 | -0.07 | 70 | Commodities | HFEQ vs FAAR |
See all 2038 diversifiers for HFEQ
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements HFEQ
Add HFEQ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HFEQ