Looking to balance out your exposure to IHPCF? The ETFs below have historically moved differently from IHPCF, 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 IHPCF
2 ETFs have low correlation with IHPCF (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Short-Term Bond Index Fund ETF Shares (BSV) (Short-Term Bond) with a 1Y correlation of 0.01, roughly unchanged from 0.01 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Short-Term Bond Index Fund ETF Shares | 0.01 | 0.03 | 0.01 | 71 | Short-Term Bond | IHPCF vs BSV | |
| Vanguard S&P 500 ETF | 0.24 | 0.26 | 0.27 | 68 | S&P 500 | IHPCF vs VOO |
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