Looking to diversify beyond SIHY? The ETFs below have the lowest correlation with SIHY — 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 SIHY.
Best Diversifiers for SIHY
128 ETFs have low correlation with SIHY (below 0.3), 21 of which are negatively correlated. The least correlated is iShares Enhanced Short-Term Bond Active ETF (CSHP) (Ultrashort Bond) with a 1Y correlation of -0.13, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Enhanced Short-Term Bond Active ETF | -0.13 | -0.02 | -0.02 | 99 | Ultrashort Bond | SIHY vs CSHP | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.13 | -0.01 | -0.01 | 50 | Commodities | SIHY vs CERY | |
| First Trust Alternative Absolute Return Strategy E... | -0.12 | -0.00 | -0.00 | 70 | Commodities | SIHY vs FAAR | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.11 | 0.03 | 0.13 | 53 | Commodities | SIHY vs FTGC | |
| TCW AAA CLO ETF | -0.11 | 0.00 | 0.00 | 99 | CLO | SIHY vs ACLO |
See all 1145 diversifiers for SIHY
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