Looking to diversify beyond HTAB? The ETFs below have the lowest correlation with HTAB — 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 HTAB.
Best Diversifiers for HTAB
1335 ETFs have low correlation with HTAB (below 0.3), 75 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.33, roughly unchanged from -0.36 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.33 | -0.33 | -0.36 | 75 | Leveraged Currency | HTAB vs YCS | |
| United States Gasoline Fund LP | -0.31 | -0.11 | -0.06 | 72 | Oil & Gas | HTAB vs UGA | |
| Fidelity Managed Futures ETF | -0.27 | — | — | 66 | Systematic Trend | HTAB vs FFUT | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.26 | -0.09 | -0.04 | 51 | Commodities | HTAB vs PDBC | |
| United States Commodity Index Fund | -0.21 | -0.06 | -0.02 | 65 | Commodities | HTAB vs USCI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HTAB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HTAB and solid risk/return profiles. The least correlated is Host Hotels & Resorts, Inc. (HST) (Real Estate) with a 1Y correlation of 0.18, up from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Host Hotels & Resorts, Inc. | 0.18 | 0.10 | 0.05 | 91 | Real Estate |
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