Looking to balance out your exposure to HHH? The ETFs below have the lowest correlation with HHH — they tend to move on their own, which can help reduce risk when HHH drops. The stock ideas table highlights individual companies that behave independently from HHH.
Best Diversifiers for HHH
1 ETFs have low correlation with HHH (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Information Technology ETF (VGT) (Technology Equities) with a 1Y correlation of 0.27, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Information Technology ETF | 0.27 | 0.36 | 0.44 | 63 | Technology Equities | HHH vs VGT | |
| Vanguard S&P 500 ETF | 0.45 | 0.50 | 0.57 | 66 | S&P 500 | HHH vs VOO | |
| iShares Core S&P 500 ETF | 0.46 | 0.50 | 0.57 | 66 | S&P 500 | HHH vs IVV | |
| State Street SPDR S&P 500 ETF | 0.46 | 0.50 | 0.57 | 66 | S&P 500 | HHH vs SPY | |
| Schwab U.S. Dividend Equity ETF | 0.49 | 0.57 | 0.61 | 83 | Dividend | HHH vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HHH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HHH and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.10, down from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.10 | 0.09 | 0.20 | 74 | Consumer Defensive | |
| Johnson & Johnson | 0.07 | 0.16 | 0.19 | 94 | Healthcare | |
| Permian Resources Corporation | 0.07 | 0.23 | — | 79 | Energy | |
| Welltower Inc. | 0.13 | 0.27 | 0.36 | 82 | Real Estate | |
| Alcoa Corporation | 0.21 | 0.34 | 0.38 | 94 | Basic Materials |
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