Looking to balance out your exposure to HUMA? The ETFs below have the lowest correlation with HUMA — they tend to move on their own, which can help reduce risk when HUMA drops. The stock ideas table highlights individual companies that behave independently from HUMA.
Best Diversifiers for HUMA
1 ETFs have low correlation with HUMA (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.18, roughly unchanged from 0.19 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.18 | 0.19 | — | 83 | Dividend | HUMA vs SCHD | |
| Invesco QQQ ETF | 0.44 | 0.32 | — | 62 | Nasdaq-100 | HUMA vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.45 | 0.34 | — | 66 | S&P 500 | HUMA vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HUMA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HUMA and solid risk/return profiles. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of 0.14, roughly unchanged from 0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | 0.14 | 0.12 | — | 75 | Healthcare |
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