Looking to diversify beyond TBIL? The ETFs below have the lowest correlation with TBIL — 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 TBIL.
Best Diversifiers for TBIL
1443 ETFs have low correlation with TBIL (below 0.3), 371 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | -0.18 | — | — | 90 | Derivative Income, Options Trading | TBIL vs AMDY | |
| Leverage Shares 2X Long AMD Daily ETF | -0.18 | — | — | 94 | Leveraged Equities | TBIL vs AMDG | |
| GraniteShares 2x Long AMD Daily ETF | -0.17 | — | — | 94 | Leveraged Equities | TBIL vs AMDL | |
| Direxion Auspice Broad Commodity Strategy ETF | -0.17 | -0.03 | — | 54 | Commodities | TBIL vs COM | |
| VanEck Commodity Strategy ETF | -0.14 | -0.02 | — | 57 | Commodities | TBIL vs PIT |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TBIL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TBIL and solid risk/return profiles. The least correlated is Advanced Micro Devices, Inc. (AMD) (Technology) with a 1Y correlation of -0.18, down from -0.08 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Advanced Micro Devices, Inc. | -0.18 | -0.08 | — | 97 | Technology | |
| Amphenol Corporation | -0.16 | -0.04 | — | 80 | Technology | |
| NVIDIA Corporation | -0.15 | -0.04 | — | 72 | Technology | |
| Trinity Capital Inc. | -0.13 | -0.04 | — | 88 | Financial Services | |
| Riot Platforms, Inc. | -0.12 | -0.02 | — | 88 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TBIL
Add TBIL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TBIL