Looking to diversify beyond HOII? The ETFs below have the lowest correlation with HOII — 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 HOII.
Best Diversifiers for HOII
413 ETFs have low correlation with HOII (below 0.3), 52 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.24, roughly unchanged from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.24 | -0.24 | -0.24 | 60 | Oil & Gas | HOII vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | HOII vs IBIC | |
| WisdomTree Floating Rate Treasury Fund | -0.17 | -0.17 | -0.17 | 100 | Government Bonds, Ultrashort Bond | HOII vs USFR | |
| ProShares UltraShort Yen | -0.16 | -0.16 | -0.16 | 73 | Leveraged Currency | HOII vs YCS | |
| PGIM Ultra Short Municipal Bond ETF | -0.15 | -0.15 | -0.15 | 91 | Municipal Bonds | HOII vs PUSH |
See all 1878 diversifiers for HOII
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Diversification Analysis
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