Looking to diversify beyond HYDR? The ETFs below have the lowest correlation with HYDR — 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 HYDR.
Best Diversifiers for HYDR
425 ETFs have low correlation with HYDR (below 0.3), 48 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... | -0.13 | — | — | 97 | Inflation-Protected Bonds | HYDR vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.12 | — | — | 98 | Inflation-Protected Bonds | HYDR vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.12 | 0.04 | 0.04 | 96 | Inflation-Protected Bonds | HYDR vs IBID | |
| ProShares UltraShort Yen | -0.12 | -0.13 | -0.11 | 67 | Leveraged Currency | HYDR vs YCS | |
| Brookstone Ultra-Short Bond ETF | -0.11 | -0.01 | -0.01 | 98 | Ultrashort Bond | HYDR vs BAMU |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HYDR, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HYDR and solid risk/return profiles. The least correlated is Catalyst Pharmaceuticals, Inc. (CPRX) (Healthcare) with a 1Y correlation of 0.17, roughly unchanged from 0.21 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Catalyst Pharmaceuticals, Inc. | 0.17 | 0.21 | — | 76 | Healthcare | |
| Super Group (SGHC) Limited | 0.19 | 0.28 | — | 67 | Consumer Cyclical | |
| Alamos Gold Inc. | 0.27 | 0.27 | 0.27 | 62 | Basic Materials | |
| Apple Inc | 0.28 | 0.24 | 0.33 | 89 | Technology | |
| Norsk Hydro ASA ADR | 0.30 | 0.40 | — | 93 | Basic Materials |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements HYDR
Add HYDR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with HYDR