Looking to diversify beyond HFXI? The ETFs below have historically moved differently from HFXI, 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 HFXI
299 ETFs have low correlation with HFXI (below 0.3), 67 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.35 | — | — | 63 | Derivative Income | HFXI vs WNTR | |
| Invesco DB Energy Fund | -0.32 | -0.10 | 0.07 | 53 | Oil & Gas | HFXI vs DBE | |
| ProShares UltraShort Yen | -0.28 | -0.15 | -0.12 | 59 | Leveraged Currency | HFXI vs YCS | |
| United States Gasoline Fund, LP | -0.27 | -0.09 | 0.06 | 74 | Oil & Gas | HFXI vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | HFXI vs IBIC |
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