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
376 ETFs have low correlation with HFGM (below 0.3), 23 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.17 | — | — | 63 | Leveraged Currency | HFGM vs YCS | |
| TCW AAA CLO ETF | -0.11 | -0.09 | -0.09 | 99 | CLO | HFGM vs ACLO | |
| Texas Capital Government Money Market ETF | -0.08 | -0.06 | -0.06 | 100 | Money Market | HFGM vs MMKT | |
| iShares 0-3 Month Treasury Bond ETF | -0.07 | — | — | 100 | Ultrashort Bond | HFGM vs SGOV | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.07 | -0.04 | -0.04 | 97 | Inflation-Protected Bonds | HFGM vs RBIL |
To view more results, upgrade your current subscription plan.
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. The least correlated is Nebius Group N.V. (NBIS) (Communication Services) with a 1Y correlation of 0.20, roughly unchanged from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | 0.20 | 0.21 | 0.21 | 96 | Communication Services | |
| Rocket Lab USA, Inc. | 0.30 | 0.28 | 0.28 | 87 | Industrials | |
| GE Vernova Inc. | 0.31 | 0.29 | 0.29 | 89 | Industrials | |
| Bloom Energy Corporation | 0.35 | 0.33 | 0.33 | 99 | Industrials | |
| Advanced Micro Devices, Inc. | 0.39 | 0.38 | 0.38 | 97 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements HFGM
Add HFGM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HFGM