Looking to diversify beyond HFMF? The ETFs below have the lowest correlation with HFMF — 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 HFMF.
Best Diversifiers for HFMF
704 ETFs have low correlation with HFMF (below 0.3), 132 of which are negatively correlated. The least correlated is SPDR Portfolio Short Term Treasury ETF (SPTS) (Government Bonds) with a 1Y correlation of -0.10, roughly unchanged from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Portfolio Short Term Treasury ETF | -0.10 | -0.10 | -0.10 | 89 | Government Bonds, Short-Term Bond | HFMF vs SPTS | |
| Return Stacked Bonds & Futures Yield ETF | -0.10 | -0.10 | -0.10 | 51 | Multistrategy | HFMF vs RSBY | |
| Global X Short-Term Treasury Ladder ETF | -0.10 | -0.10 | -0.10 | 85 | Government Bonds, Short-Term Bond | HFMF vs SLDR | |
| Goldman Sachs Ultra Short Bond ETF | -0.09 | -0.09 | -0.09 | 99 | Ultrashort Bond | HFMF vs GSST | |
| Schwab Municipal Bond ETF | -0.09 | -0.09 | -0.09 | 71 | Municipal Bonds | HFMF vs SCMB |
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