Looking to diversify beyond IHE? The ETFs below have the lowest correlation with IHE — 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 IHE.
Best Diversifiers for IHE
989 ETFs have low correlation with IHE (below 0.3), 35 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.26, down from -0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.26 | -0.10 | -0.10 | 61 | Leveraged Currency | IHE vs YCS | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.21 | — | — | 97 | Inflation-Protected Bonds | IHE vs RBIL | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | IHE vs IBIC | |
| First Trust Alternative Absolute Return Strategy E... | -0.17 | -0.07 | -0.04 | 70 | Commodities | IHE vs FAAR | |
| VanEck Commodity Strategy ETF | -0.17 | -0.08 | — | 55 | Commodities | IHE vs PIT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from IHE, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to IHE and solid risk/return profiles. The least correlated is CrowdStrike Holdings, Inc. (CRWD) (Technology) with a 1Y correlation of -0.02, down from 0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CrowdStrike Holdings, Inc. | -0.02 | 0.11 | 0.21 | 66 | Technology | |
| NVIDIA Corporation | 0.02 | 0.09 | 0.21 | 76 | Technology | |
| Tesla, Inc. | 0.18 | 0.18 | 0.22 | 59 | Consumer Cyclical | |
| Sprott Physical Gold Trust | 0.18 | 0.09 | 0.11 | 63 | Financial Services | |
| Lam Research Corporation | 0.21 | 0.22 | 0.28 | 99 | Technology |
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Build a portfolio that complements IHE
Add IHE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with IHE