Looking to diversify beyond HTRB? The ETFs below have the lowest correlation with HTRB — 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 HTRB.
Best Diversifiers for HTRB
725 ETFs have low correlation with HTRB (below 0.3), 58 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.49, roughly unchanged from -0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.49 | -0.46 | -0.49 | 63 | Leveraged Currency | HTRB vs YCS | |
| United States Gasoline Fund LP | -0.43 | -0.20 | -0.13 | 55 | Oil & Gas | HTRB vs UGA | |
| Fidelity Managed Futures ETF | -0.30 | -0.31 | -0.31 | 64 | Systematic Trend | HTRB vs FFUT | |
| VanEck Commodity Strategy ETF | -0.28 | -0.11 | -0.10 | 57 | Commodities | HTRB vs PIT | |
| First Trust Alternative Absolute Return Strategy E... | -0.27 | -0.11 | -0.08 | 75 | Commodities | HTRB vs FAAR |
See all 1942 diversifiers for HTRB
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