Looking to diversify beyond HTAX? The ETFs below have the lowest correlation with HTAX — 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 HTAX.
Best Diversifiers for HTAX
1788 ETFs have low correlation with HTAX (below 0.3), 111 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.30 | — | — | 61 | Leveraged Currency | HTAX vs YCS | |
| Invesco DB Energy Fund | -0.27 | -0.23 | -0.23 | 71 | Oil & Gas | HTAX vs DBE | |
| United States Gasoline Fund LP | -0.27 | — | — | 69 | Oil & Gas | HTAX vs UGA | |
| Invesco DB Oil Fund | -0.27 | — | — | 65 | Oil & Gas | HTAX vs DBO | |
| Invesco DB Commodity Index Tracking Fund | -0.27 | — | — | 75 | Commodities | HTAX vs DBC |
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