Looking to diversify beyond TAFL? The ETFs below have historically moved differently from TAFL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for TAFL
815 ETFs have low correlation with TAFL (below 0.3), 56 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.29 | — | — | 58 | Oil & Gas | TAFL vs DBO | |
| United States Brent Oil Fund LP | -0.28 | — | — | 52 | Oil & Gas | TAFL vs BNO | |
| Invesco DB Energy Fund | -0.27 | — | — | 72 | Oil & Gas | TAFL vs DBE | |
| Strive U.S. Energy ETF | -0.26 | — | — | 70 | Energy Equities | TAFL vs DRLL | |
| Invesco DB Commodity Index Tracking Fund | -0.25 | — | — | 71 | Commodities | TAFL vs DBC |
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