Looking to diversify beyond HVAC? The ETFs below have the lowest correlation with HVAC — 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 HVAC.
Best Diversifiers for HVAC
433 ETFs have low correlation with HVAC (below 0.3), 88 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.29 | — | — | 98 | Inflation-Protected Bonds | HVAC vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.26 | -0.27 | -0.27 | 98 | Inflation-Protected Bonds | HVAC vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.24 | — | — | 96 | Inflation-Protected Bonds | HVAC vs IBID | |
| Invesco DB Energy Fund | -0.22 | -0.08 | -0.08 | 71 | Oil & Gas | HVAC vs DBE | |
| United States Gasoline Fund LP | -0.20 | -0.08 | -0.08 | 71 | Oil & Gas | HVAC vs UGA |
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