Looking to diversify beyond HYFI? The ETFs below have the lowest correlation with HYFI — 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 HYFI.
Best Diversifiers for HYFI
179 ETFs have low correlation with HYFI (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, down from -0.27 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.27 | — | 61 | Leveraged Currency | HYFI vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.22 | — | — | 99 | Ultrashort Bond | HYFI vs CSHP | |
| VanEck Commodity Strategy ETF | -0.18 | 0.01 | — | 55 | Commodities | HYFI vs PIT | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.17 | — | — | 97 | Inflation-Protected Bonds | HYFI vs RBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.16 | 0.01 | — | 100 | Ultrashort Bond | HYFI vs SGOV |
See all 1839 diversifiers for HYFI
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Diversification Analysis
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