Looking to diversify beyond HFSP? The ETFs below have the lowest correlation with HFSP — 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 HFSP.
Best Diversifiers for HFSP
2038 ETFs have low correlation with HFSP (below 0.3), 1207 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Commercial Real Estate ETF | -0.17 | — | — | 97 | Short-Term Bond | HFSP vs DCRE | |
| WisdomTree Core Laddered Municipal ETF | -0.16 | — | — | 67 | Municipal Bonds | HFSP vs WTMU | |
| Invesco BulletShares 2033 Municipal Bond ETF | -0.16 | — | — | 70 | Municipal Bonds | HFSP vs BSSX | |
| First Trust Multi-Strategy Alternative ETF | -0.14 | — | — | 90 | Global Allocation | HFSP vs LALT | |
| John Hancock Dynamic Municipal Bond ETF | -0.14 | -0.04 | -0.04 | 79 | Municipal Bonds | HFSP vs JHMU |
See all 2038 diversifiers for HFSP
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Diversification Analysis
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