Looking to diversify beyond HFSI? The ETFs below have the lowest correlation with HFSI — 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 HFSI.
Best Diversifiers for HFSI
499 ETFs have low correlation with HFSI (below 0.3), 86 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.41 | -0.41 | 61 | Leveraged Currency | HFSI vs YCS | |
| Invesco DB Energy Fund | -0.40 | -0.19 | — | 71 | Oil & Gas | HFSI vs DBE | |
| United States Gasoline Fund LP | -0.40 | -0.16 | — | 69 | Oil & Gas | HFSI vs UGA | |
| United States Oil Fund LP | -0.38 | -0.18 | — | 66 | Oil & Gas | HFSI vs USO | |
| United States Brent Oil Fund LP | -0.38 | -0.18 | — | 65 | Oil & Gas | HFSI vs BNO |
See all 2118 diversifiers for HFSI
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