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
128 ETFs have low correlation with USHY (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.39, down from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.39 | -0.26 | -0.24 | 61 | Leveraged Currency | USHY vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.19 | — | — | 99 | Ultrashort Bond | USHY vs CSHP | |
| VanEck Commodity Strategy ETF | -0.17 | 0.02 | — | 55 | Commodities | USHY vs PIT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | 0.19 | 0.19 | 98 | Inflation-Protected Bonds | USHY vs IBIC | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.13 | -0.01 | -0.01 | 50 | Commodities | USHY vs CERY |
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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 -0.18, down from 0.14 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.18 | 0.05 | 0.14 | 68 | Energy | |
| ConocoPhillips Company | -0.17 | 0.05 | 0.15 | 61 | Energy | |
| Chevron Corporation | -0.16 | 0.07 | 0.17 | 68 | Energy | |
| Altria Group, Inc. | -0.13 | 0.08 | 0.16 | 70 | Consumer Defensive | |
| Energy Transfer LP | -0.11 | 0.22 | 0.28 | 67 | Energy |
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