Looking to diversify beyond HYGH? The ETFs below have the lowest correlation with HYGH — 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 HYGH.
Best Diversifiers for HYGH
432 ETFs have low correlation with HYGH (below 0.3), 79 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.39, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.39 | -0.37 | -0.37 | 60 | Inverse Equities, Leveraged Equities | HYGH vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.39 | -0.36 | -0.36 | 53 | Inverse Equities | HYGH vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.37 | — | — | 65 | Derivative Income | HYGH vs WNTR | |
| Return Stacked Bonds & Futures Yield ETF | -0.25 | — | — | 51 | Multistrategy | HYGH vs RSBY | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.18 | — | — | 97 | Inflation-Protected Bonds | HYGH vs RBIL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HYGH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HYGH and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.19, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.19 | 0.01 | 0.14 | 79 | Consumer Defensive | |
| Agree Realty Corporation | -0.10 | 0.08 | 0.20 | 70 | Real Estate | |
| Exxon Mobil Corporation | -0.09 | 0.09 | 0.22 | 71 | Energy | |
| ConocoPhillips Company | -0.02 | 0.12 | 0.23 | 63 | Energy | |
| Monster Beverage Corporation | -0.02 | 0.12 | 0.28 | 93 | Consumer Defensive |
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Build a portfolio that complements HYGH
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