Looking to diversify beyond HFXI? The ETFs below have the lowest correlation with HFXI — 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 HFXI.
Best Diversifiers for HFXI
273 ETFs have low correlation with HFXI (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.32, down from -0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.32 | -0.15 | -0.11 | 63 | Leveraged Currency | HFXI vs YCS | |
| United States Gasoline Fund LP | -0.29 | -0.08 | 0.07 | 55 | Oil & Gas | HFXI vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | — | — | 97 | Inflation-Protected Bonds | HFXI vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | HFXI vs IBIC | |
| Texas Capital Government Money Market ETF | -0.15 | — | — | 100 | Money Market | HFXI vs MMKT |
See all 1950 diversifiers for HFXI
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