Looking to diversify beyond HTAB? The ETFs below have historically moved differently from HTAB, 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 HTAB
1299 ETFs have low correlation with HTAB (below 0.3), 105 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.37, down from -0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.37 | -0.16 | -0.09 | 51 | Oil & Gas | HTAB vs DBO | |
| Invesco DB Energy Fund | -0.35 | -0.16 | -0.09 | 66 | Oil & Gas | HTAB vs DBE | |
| United States Gasoline Fund, LP | -0.32 | -0.12 | -0.06 | 83 | Oil & Gas | HTAB vs UGA | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.32 | -0.38 | -0.37 | 51 | Nontraditional Bonds | HTAB vs RISR | |
| ProShares UltraShort Yen | -0.31 | -0.32 | -0.35 | 59 | Leveraged Currency | HTAB vs YCS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for HTAB, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Host Hotels & Resorts, Inc. (HST) (Real Estate) with a 1Y correlation of 0.21, up from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Host Hotels & Resorts, Inc. | 0.21 | 0.11 | 0.06 | 97 | Real Estate |
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