Looking to diversify beyond HTRB? The ETFs below have historically moved differently from HTRB, 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 HTRB
783 ETFs have low correlation with HTRB (below 0.3), 109 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.47, down from -0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.47 | -0.25 | -0.15 | 66 | Oil & Gas | HTRB vs DBE | |
| Invesco DB Oil Fund | -0.46 | -0.24 | -0.15 | 51 | Oil & Gas | HTRB vs DBO | |
| United States Gasoline Fund, LP | -0.44 | -0.23 | -0.13 | 83 | Oil & Gas | HTRB vs UGA | |
| ProShares UltraShort Yen | -0.44 | -0.47 | -0.48 | 59 | Leveraged Currency | HTRB vs YCS | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.41 | -0.20 | -0.11 | 61 | Commodities | HTRB vs GSG |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements HTRB
Add HTRB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HTRB