Looking to diversify beyond HFSP? The ETFs below have historically moved differently from HFSP, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for HFSP
2225 ETFs have low correlation with HFSP (below 0.3), 685 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DoubleLine Commercial Real Estate ETF | -0.20 | — | — | 97 | Short-Term Bond | HFSP vs DCRE | |
| Invesco BulletShares 2033 Municipal Bond ETF | -0.13 | — | — | 64 | Municipal Bonds | HFSP vs BSSX | |
| Calvert Ultra-Short Investment Grade ETF | -0.13 | 0.01 | 0.01 | 99 | Ultrashort Bond, Investment Grade Bonds | HFSP vs CVSB | |
| Angel Oak Mortgage-Backed Securities ETF | -0.13 | — | — | 67 | Intermediate Core-Plus Bond | HFSP vs MBS | |
| John Hancock Dynamic Municipal Bond ETF | -0.13 | — | — | 75 | Municipal Bonds | HFSP vs JHMU |
See all 2225 diversifiers for HFSP
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