Looking to diversify beyond PHEQ? The ETFs below have the lowest correlation with PHEQ — 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 PHEQ.
Best Diversifiers for PHEQ
229 ETFs have low correlation with PHEQ (below 0.3), 35 of which are negatively correlated. The least correlated is United States Gasoline Fund LP (UGA) (Oil & Gas) with a 1Y correlation of -0.21, down from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Gasoline Fund LP | -0.21 | -0.03 | -0.03 | 55 | Oil & Gas | PHEQ vs UGA | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.20 | — | — | 98 | Inflation-Protected Bonds | PHEQ vs IBIC | |
| ProShares UltraShort Yen | -0.17 | — | — | 63 | Leveraged Currency | PHEQ vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.16 | — | — | 99 | Ultrashort Bond | PHEQ vs CSHP | |
| WisdomTree Floating Rate Treasury Fund | -0.14 | — | — | 100 | Government Bonds, Ultrashort Bond | PHEQ vs USFR |
See all 1500 diversifiers for PHEQ
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