Looking to diversify beyond HOOY? The ETFs below have the lowest correlation with HOOY — 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 HOOY.
Best Diversifiers for HOOY
483 ETFs have low correlation with HOOY (below 0.3), 56 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | HOOY vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.19 | — | — | 98 | Inflation-Protected Bonds | HOOY vs IBIC | |
| Brookstone Ultra-Short Bond ETF | -0.18 | — | — | 98 | Ultrashort Bond | HOOY vs BAMU | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.15 | — | — | 95 | Inflation-Protected Bonds | HOOY vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | — | — | 100 | Government Bonds, Ultrashort Bond | HOOY vs USFR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HOOY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HOOY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.24 | — | — | 74 | Consumer Defensive | |
| Chubb Limited | -0.22 | — | — | 68 | Financial Services | |
| Walmart Inc. | -0.16 | -0.14 | -0.14 | 69 | Consumer Defensive | |
| Agnico Eagle Mines Limited | 0.22 | 0.18 | 0.18 | 65 | Basic Materials | |
| Seagate Technology plc | 0.23 | 0.23 | 0.23 | 99 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements HOOY
Add HOOY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HOOY