Looking to diversify beyond HIMZ? The ETFs below have historically moved differently from HIMZ, 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 HIMZ
1285 ETFs have low correlation with HIMZ (below 0.3), 173 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 | -0.39 | — | — | 75 | Derivative Income | HIMZ vs WNTR | |
| Defiance Daily Target 2X Short MSTR ETF | -0.38 | — | — | 52 | Inverse Equities | HIMZ vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.37 | — | — | 61 | Inverse Equities, Leveraged Equities | HIMZ vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.35 | — | — | 61 | Cryptocurrency | HIMZ vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.35 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | HIMZ vs SBIT |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements HIMZ
Add HIMZ to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HIMZ