Looking to diversify beyond HYP? The ETFs below have the lowest correlation with HYP — 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 HYP.
Best Diversifiers for HYP
0 ETFs have low correlation with HYP (below 0.3), 0 of which are negatively correlated. The least correlated is iShares Top 20 U.S. Stocks ETF (TOPT) (Large Cap Growth Equities) with a 1Y correlation of 0.61, roughly unchanged from 0.61 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Top 20 U.S. Stocks ETF | 0.61 | 0.61 | 0.61 | 50 | Large Cap Growth Equities | HYP vs TOPT | |
| Principal U.S. Mega-Cap ETF | 0.64 | 0.64 | 0.64 | 57 | Large Cap Growth Equities | HYP vs USMC | |
| Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF | 0.64 | 0.64 | 0.64 | 53 | Large Cap Blend Equities | HYP vs GSLC | |
| iShares ESG MSCI USA Leaders ETF | 0.64 | 0.64 | 0.64 | 61 | Large Cap Growth Equities | HYP vs SUSL | |
| Xtrackers MSCI Kokusai Equity ETF | 0.65 | 0.65 | 0.65 | 57 | Large Cap Growth Equities | HYP vs KOKU |
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