Looking to diversify beyond HWAY? The ETFs below have historically moved differently from HWAY, 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 HWAY
396 ETFs have low correlation with HWAY (below 0.3), 65 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.29 | — | — | 51 | Cryptocurrency | HWAY vs BITI | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.25 | — | — | 97 | Inflation-Protected Bonds | HWAY vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.24 | — | — | 96 | Inflation-Protected Bonds | HWAY vs IBID | |
| Invesco DB Energy Fund | -0.22 | — | — | 66 | Oil & Gas | HWAY vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | HWAY vs IBIC |
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