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
517 ETFs have low correlation with HYDR (below 0.3), 74 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Defiance Daily Target 2X Short MSTR ETF | -0.43 | — | — | 53 | Inverse Equities | HYDR vs SMST | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 60 | Inverse Equities, Leveraged Equities | HYDR vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.42 | — | — | 65 | Derivative Income | HYDR vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.20 | — | — | 51 | Multistrategy | HYDR vs RSBY | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | HYDR vs IBIC |
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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 Super Group (SGHC) Limited (SGHC) (Consumer Cyclical) with a 1Y correlation of 0.14, down from 0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Super Group (SGHC) Limited | 0.14 | 0.27 | — | 65 | Consumer Cyclical | |
| NextEra Energy, Inc. | 0.14 | 0.22 | 0.27 | 72 | Utilities | |
| Catalyst Pharmaceuticals, Inc. | 0.16 | 0.21 | — | 84 | Healthcare | |
| Alamos Gold Inc. | 0.26 | 0.26 | — | 53 | Basic Materials | |
| Apple Inc | 0.26 | 0.24 | 0.33 | 90 | Technology |
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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