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Looking to diversify beyond HTEC? The ETFs below have the lowest correlation with HTEC — 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 HTEC.

Best Diversifiers for HTEC

333 ETFs have low correlation with HTEC (below 0.3), 48 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.30, down from -0.02 over 5 years.


See all 1947 diversifiers for HTEC

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from HTEC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HTEC and solid risk/return profiles. The least correlated is CareTrust REIT, Inc. (CTRE) (Real Estate) with a 1Y correlation of 0.14, down from 0.31 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
CareTrust REIT, Inc.0.140.200.31
79
Real Estate

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Diversification Analysis

Build a portfolio that complements HTEC

Add HTEC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with HTEC