Looking to diversify beyond HYSA? The ETFs below have historically moved differently from HYSA, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for HYSA
401 ETFs have low correlation with HYSA (below 0.3), 77 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax MSTR Short Option Income Strategy ETF | -0.36 | — | — | 63 | Derivative Income | HYSA vs WNTR | |
| Invesco DB Energy Fund | -0.32 | -0.10 | -0.10 | 53 | Oil & Gas | HYSA vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.31 | -0.04 | -0.04 | 50 | Commodities | HYSA vs GSG | |
| United States Gasoline Fund, LP | -0.30 | — | — | 74 | Oil & Gas | HYSA vs UGA | |
| DoubleLine Commodity Strategy ETF | -0.26 | -0.06 | -0.06 | 52 | Commodities | HYSA vs DCMT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for HYSA, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.24, down from -0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.24 | -0.02 | -0.02 | 71 | Energy | |
| Exxon Mobil Corporation | -0.20 | -0.01 | -0.01 | 85 | Energy | |
| Chevron Corporation | -0.19 | 0.00 | 0.00 | 76 | Energy | |
| Devon Energy Corporation | -0.17 | 0.05 | 0.05 | 76 | Energy | |
| BP p.l.c. | -0.15 | 0.04 | 0.04 | 77 | Energy |
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