Looking to diversify beyond HFGM? The ETFs below have the lowest correlation with HFGM — 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 HFGM.
Best Diversifiers for HFGM
442 ETFs have low correlation with HFGM (below 0.3), 31 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.42 | -0.37 | -0.37 | 51 | Currency | HFGM vs UUP | |
| ProShares Short Bitcoin ETF | -0.36 | -0.33 | -0.33 | 57 | Cryptocurrency | HFGM vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.36 | -0.33 | -0.33 | 52 | Cryptocurrency, Leveraged Cryptocurrency | HFGM vs SBIT | |
| Defiance Daily Target 2X Short MSTR ETF | -0.28 | — | — | 60 | Inverse Equities | HFGM vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.27 | — | — | 68 | Inverse Equities, Leveraged Equities | HFGM vs MSTZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HFGM, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HFGM and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cohen & Steers Quality Income Realty Fund, Inc. | 0.22 | — | — | 61 | Financial Services | |
| Nebius Group N.V. | 0.22 | 0.22 | 0.22 | 96 | Communication Services | |
| GE Vernova Inc. | 0.27 | 0.27 | 0.27 | 89 | Industrials | |
| Rocket Lab USA, Inc. | 0.31 | — | — | 77 | Industrials | |
| Bloom Energy Corporation | 0.37 | 0.33 | 0.33 | 98 | Industrials |
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