Looking to diversify beyond ISHP? The ETFs below have the lowest correlation with ISHP — 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 ISHP.
Best Diversifiers for ISHP
276 ETFs have low correlation with ISHP (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.27, down from -0.08 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.27 | -0.13 | -0.08 | 61 | Leveraged Currency | ISHP vs YCS | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | -0.03 | -0.03 | 98 | Inflation-Protected Bonds | ISHP vs IBIC | |
| First Trust Alternative Absolute Return Strategy E... | -0.17 | -0.02 | 0.00 | 70 | Commodities | ISHP vs FAAR | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.15 | -0.17 | -0.17 | 97 | Inflation-Protected Bonds | ISHP vs RBIL | |
| VanEck Commodity Strategy ETF | -0.14 | 0.06 | 0.06 | 55 | Commodities | ISHP vs PIT |
See all 2065 diversifiers for ISHP
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Diversification Analysis
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