Looking to diversify beyond HTAX? The ETFs below have historically moved differently from HTAX, 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 HTAX
1964 ETFs have low correlation with HTAX (below 0.3), 120 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.31 | — | — | 66 | Oil & Gas | HTAX vs DBE | |
| Invesco DB Commodity Index Tracking Fund | -0.31 | — | — | 68 | Commodities | HTAX vs DBC | |
| Invesco DB Oil Fund | -0.30 | — | — | 51 | Oil & Gas | HTAX vs DBO | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.30 | — | — | 70 | Commodities | HTAX vs PDBC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.30 | — | — | 61 | Commodities | HTAX vs GSG |
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