Looking to diversify beyond HIGH? The ETFs below have the lowest correlation with HIGH — 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 HIGH.
Best Diversifiers for HIGH
389 ETFs have low correlation with HIGH (below 0.3), 35 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.14, down from -0.03 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.14 | -0.03 | — | 100 | Ultrashort Bond | HIGH vs SGOV | |
| iShares Enhanced Short-Term Bond Active ETF | -0.14 | — | — | 99 | Ultrashort Bond | HIGH vs CSHP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.12 | — | — | 95 | Inflation-Protected Bonds | HIGH vs IBID | |
| Brookstone Ultra-Short Bond ETF | -0.11 | — | — | 98 | Ultrashort Bond | HIGH vs BAMU | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.10 | — | — | 97 | Inflation-Protected Bonds | HIGH vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HIGH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HIGH and solid risk/return profiles. The least correlated is Oxford Lane Capital Corp. (OXLCP) (Financial Services) with a 1Y correlation of 0.04, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Oxford Lane Capital Corp. | 0.04 | 0.04 | 0.02 | 95 | Financial Services | |
| Oxford Lane Capital Corp. 7.125% Series 2029 Term ... | 0.06 | 0.05 | 0.03 | 83 | Financial Services |
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