Looking to diversify beyond HYBI? The ETFs below have the lowest correlation with HYBI — 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 HYBI.
Best Diversifiers for HYBI
187 ETFs have low correlation with HYBI (below 0.3), 41 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.36 | — | — | 63 | Leveraged Currency | HYBI vs YCS | |
| United States Gasoline Fund LP | -0.29 | -0.18 | -0.18 | 55 | Oil & Gas | HYBI vs UGA | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.22 | — | — | 97 | Inflation-Protected Bonds | HYBI vs RBIL | |
| iShares Enhanced Short-Term Bond Active ETF | -0.18 | — | — | 99 | Ultrashort Bond | HYBI vs CSHP | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | HYBI vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HYBI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HYBI and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.12, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.12 | -0.02 | -0.02 | 70 | Energy | |
| RTX Corporation | 0.22 | 0.24 | 0.24 | 73 | Industrials | |
| General Electric Company | 0.35 | 0.37 | 0.37 | 78 | Industrials | |
| BlackRock Science and Technology Trust II | 0.51 | 0.50 | 0.50 | 94 | Financial Services |
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