Looking to diversify beyond HYIN? The ETFs below have the lowest correlation with HYIN — 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 HYIN.
Best Diversifiers for HYIN
431 ETFs have low correlation with HYIN (below 0.3), 53 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | — | — | 60 | Inverse Equities, Leveraged Equities | HYIN vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | -0.30 | — | — | 53 | Inverse Equities | HYIN vs SMST | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.28 | — | — | 65 | Derivative Income | HYIN vs WNTR | |
| ProShares UltraShort Yen | -0.28 | -0.17 | -0.12 | 75 | Leveraged Currency | HYIN vs YCS | |
| United States Gasoline Fund LP | -0.20 | -0.05 | 0.10 | 72 | Oil & Gas | HYIN vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HYIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HYIN and solid risk/return profiles. The least correlated is Realty Income Corporation (O) (Real Estate) with a 1Y correlation of 0.24, down from 0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Realty Income Corporation | 0.24 | 0.38 | 0.44 | 72 | Real Estate |
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