Looking to diversify beyond USHY? The ETFs below have the lowest correlation with USHY — 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 USHY.
Best Diversifiers for USHY
160 ETFs have low correlation with USHY (below 0.3), 66 of which are negatively correlated. The least correlated is Invesco DB US Dollar Index Bullish Fund (UUP) (Currency) with a 1Y correlation of -0.44, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB US Dollar Index Bullish Fund | -0.44 | -0.37 | -0.39 | 51 | Currency | USHY vs UUP | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.43 | -0.41 | -0.41 | 68 | Inverse Equities, Leveraged Equities | USHY vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.41 | -0.31 | -0.33 | 57 | Cryptocurrency | USHY vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.41 | -0.37 | -0.37 | 52 | Cryptocurrency, Leveraged Cryptocurrency | USHY vs SBIT | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.40 | — | — | 70 | Derivative Income | USHY vs WNTR |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from USHY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to USHY and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.19, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.19 | 0.05 | 0.14 | 75 | Energy | |
| ConocoPhillips Company | -0.18 | 0.04 | 0.14 | 66 | Energy | |
| Chevron Corporation | -0.17 | 0.05 | 0.17 | 70 | Energy | |
| Occidental Petroleum Corporation | -0.16 | 0.07 | 0.16 | 62 | Energy | |
| Devon Energy Corporation | -0.15 | 0.11 | 0.20 | 72 | Energy |
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