Looking to balance out your exposure to HUBG? The ETFs below have the lowest correlation with HUBG — they tend to move on their own, which can help reduce risk when HUBG drops. The stock ideas table highlights individual companies that behave independently from HUBG.
Best Diversifiers for HUBG
0 ETFs have low correlation with HUBG (below 0.3), 0 of which are negatively correlated. The least correlated is State Street SPDR S&P 500 ETF (SPY) (S&P 500) with a 1Y correlation of 0.39, down from 0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | 0.39 | 0.44 | 0.51 | 66 | S&P 500 | HUBG vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HUBG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HUBG and solid risk/return profiles. The least correlated is International Seaways, Inc. (INSW) (Energy) with a 1Y correlation of 0.08, roughly unchanged from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| International Seaways, Inc. | 0.08 | 0.12 | 0.15 | 96 | Energy |
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