Looking to diversify beyond SHYD? The ETFs below have the lowest correlation with SHYD — 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 SHYD.
Best Diversifiers for SHYD
818 ETFs have low correlation with SHYD (below 0.3), 25 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.16 | — | — | 64 | Systematic Trend | SHYD vs FFUT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | SHYD vs IBIC | |
| Brookmont Catastrophic Bond ETF | -0.13 | — | — | 96 | Nontraditional Bonds | SHYD vs ILS | |
| Bastion Energy ETF | -0.12 | — | — | 84 | Energy Equities | SHYD vs BESF | |
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.06 | -0.01 | 100 | Ultrashort Bond | SHYD vs SGOV |
See all 1071 diversifiers for SHYD
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