Looking to diversify beyond HWAY? The ETFs below have the lowest correlation with HWAY — 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 HWAY.
Best Diversifiers for HWAY
410 ETFs have low correlation with HWAY (below 0.3), 71 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... | -0.31 | — | — | 98 | Inflation-Protected Bonds | HWAY vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | — | — | 98 | Inflation-Protected Bonds | HWAY vs IBIC | |
| Invesco DB Energy Fund | -0.24 | — | — | 71 | Oil & Gas | HWAY vs DBE | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.22 | — | — | 96 | Inflation-Protected Bonds | HWAY vs IBID | |
| United States Oil Fund LP | -0.21 | -0.06 | -0.06 | 66 | Oil & Gas | HWAY vs USO |
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