Looking to diversify beyond TAPR? The ETFs below have the lowest correlation with TAPR — 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 TAPR.
Best Diversifiers for TAPR
124 ETFs have low correlation with TAPR (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.43 | -0.43 | 57 | Cryptocurrency | TAPR vs BITI | |
| Invesco DB Energy Fund | -0.30 | -0.22 | -0.22 | 53 | Oil & Gas | TAPR vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.21 | — | — | 51 | Commodities | TAPR vs GSG | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.18 | — | — | 98 | Inflation-Protected Bonds | TAPR vs IBIC | |
| DoubleLine Commodity Strategy ETF | -0.17 | -0.12 | -0.12 | 51 | Commodities | TAPR vs DCMT |
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