Looking to diversify beyond HLAL? The ETFs below have the lowest correlation with HLAL — 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 HLAL.
Best Diversifiers for HLAL
306 ETFs have low correlation with HLAL (below 0.3), 36 of which are negatively correlated. The least correlated is YieldMax Short MSTR Option Income Strategy ETF (WNTR) (Derivative Income) with a 1Y correlation of -0.46, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax Short MSTR Option Income Strategy ETF | -0.46 | -0.48 | -0.48 | 51 | Derivative Income | HLAL vs WNTR | |
| United States Gasoline Fund LP | -0.20 | -0.02 | 0.08 | 60 | Oil & Gas | HLAL vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | HLAL vs IBIC | |
| ProShares UltraShort Yen | -0.18 | -0.02 | -0.03 | 73 | Leveraged Currency | HLAL vs YCS | |
| Brookstone Ultra-Short Bond ETF | -0.14 | — | — | 99 | Ultrashort Bond | HLAL vs BAMU |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HLAL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HLAL and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.19, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.19 | -0.01 | 0.10 | 74 | Consumer Defensive | |
| Duke Energy Corporation | -0.17 | -0.06 | 0.07 | 64 | Utilities | |
| Chubb Limited | -0.17 | 0.02 | 0.19 | 72 | Financial Services | |
| Exxon Mobil Corporation | -0.14 | 0.05 | 0.20 | 74 | Energy | |
| The Coca-Cola Company | -0.14 | 0.03 | 0.19 | 74 | Consumer Defensive |
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Build a portfolio that complements HLAL
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