Looking to diversify beyond HYSA? The ETFs below have the lowest correlation with HYSA — 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 HYSA.
Best Diversifiers for HYSA
453 ETFs have low correlation with HYSA (below 0.3), 79 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.32, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.32 | -0.08 | -0.08 | 66 | Oil & Gas | HYSA vs USO | |
| Invesco DB Energy Fund | -0.31 | — | — | 71 | Oil & Gas | HYSA vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.31 | — | — | 55 | Derivative Income | HYSA vs USOY | |
| United States Brent Oil Fund LP | -0.29 | — | — | 65 | Oil & Gas | HYSA vs BNO | |
| United States 12 Month Oil Fund LP | -0.29 | -0.06 | -0.06 | 56 | Oil & Gas | HYSA vs USL |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from HYSA, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to HYSA and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.20, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.20 | -0.02 | -0.02 | 78 | Energy | |
| Chevron Corporation | -0.17 | 0.02 | 0.02 | 84 | Energy | |
| Exxon Mobil Corporation | -0.17 | 0.00 | 0.00 | 86 | Energy | |
| BP p.l.c. | -0.16 | 0.03 | 0.03 | 89 | Energy | |
| Enterprise Products Partners L.P. | -0.11 | 0.10 | 0.10 | 88 | Energy |
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