Looking to balance out your exposure to HST? The ETFs below have the lowest correlation with HST — they tend to move on their own, which can help reduce risk when HST drops. The stock ideas table highlights individual companies that behave independently from HST.
Best Diversifiers for HST
4 ETFs have low correlation with HST (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) (Inflation-Protected Bonds) with a 1Y correlation of 0.05, roughly unchanged from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.05 | 0.03 | 0.07 | 89 | Inflation-Protected Bonds | HST vs VTIP | |
| Hartford Schroders Tax-Aware Bond ETF | 0.17 | 0.10 | 0.05 | 67 | Intermediate Core Bond | HST vs HTAB | |
| iShares Interest Rate Hedged Corporate Bond ETF | 0.28 | 0.35 | 0.36 | 85 | Corporate Bonds | HST vs LQDH | |
| Invesco S&P 500 Momentum ETF | 0.28 | 0.39 | 0.47 | 51 | Momentum, S&P 500 | HST vs SPMO | |
| PIMCO Multisector Bond Active Exchange-Traded Fund | 0.32 | 0.19 | — | 74 | Multisector Bonds | HST vs PYLD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HST, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HST and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.04, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.04 | 0.10 | 0.18 | 80 | Consumer Defensive | |
| RenaissanceRe Holdings Ltd. | 0.01 | 0.14 | 0.19 | 82 | Financial Services | |
| Chevron Corporation | 0.02 | 0.20 | 0.31 | 74 | Energy | |
| UOL Group Ltd ADR | 0.03 | 0.14 | 0.16 | 82 | Real Estate | |
| Exxon Mobil Corporation | 0.03 | 0.18 | 0.29 | 78 | Energy |
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Build a portfolio that complements HST
Add HST to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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