Looking to balance out your exposure to HIFS? The ETFs below have the lowest correlation with HIFS — they tend to move on their own, which can help reduce risk when HIFS drops. The stock ideas table highlights individual companies that behave independently from HIFS.
Best Diversifiers for HIFS
0 ETFs have low correlation with HIFS (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.32, down from 0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.32 | 0.43 | 0.45 | 80 | Dividend | HIFS vs SCHD |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HIFS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HIFS and solid risk/return profiles. The least correlated is Amphenol Corporation (APH) (Technology) with a 1Y correlation of 0.12, down from 0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Amphenol Corporation | 0.12 | 0.23 | 0.30 | 77 | Technology |
Build a portfolio that complements HIFS
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