Looking to balance out your exposure to TATT? The ETFs below have the lowest correlation with TATT — they tend to move on their own, which can help reduce risk when TATT drops. The stock ideas table highlights individual companies that behave independently from TATT.
Best Diversifiers for TATT
0 ETFs have low correlation with TATT (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Semiconductor ETF (SMH) (Semiconductors) with a 1Y correlation of 0.42, up from 0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Semiconductor ETF | 0.42 | 0.23 | 0.20 | 96 | Semiconductors, Technology Equities | TATT vs SMH | |
| State Street SPDR S&P 500 ETF | 0.46 | 0.27 | 0.23 | 70 | S&P 500 | TATT vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TATT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TATT and solid risk/return profiles. The least correlated is Douglas Dynamics, Inc. (PLOW) (Consumer Cyclical) with a 1Y correlation of 0.28, up from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Douglas Dynamics, Inc. | 0.28 | 0.16 | 0.13 | 88 | Consumer Cyclical | |
| Broadcom Inc. | 0.31 | 0.20 | 0.16 | 84 | Technology | |
| Kratos Defense & Security Solutions, Inc. | 0.33 | 0.20 | 0.17 | 60 | Industrials | |
| Nova Ltd | 0.37 | 0.23 | 0.18 | 92 | Technology |
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