Looking to diversify beyond TBIL? The ETFs below have historically moved differently from TBIL, 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 TBIL
1717 ETFs have low correlation with TBIL (below 0.3), 622 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long AMD Daily ETF | -0.21 | — | — | 86 | Leveraged Equities | TBIL vs AMDL | |
| Leverage Shares 2X Long AMD Daily ETF | -0.21 | — | — | 86 | Leveraged Equities | TBIL vs AMDG | |
| YieldMax AMD Option Income Strategy ETF | -0.20 | — | — | 86 | Derivative Income, Options Trading | TBIL vs AMDY | |
| Roundhill AMD WeeklyPay ETF | -0.19 | -0.19 | — | 88 | Derivative Income, Leveraged Equities | TBIL vs AMDW | |
| VistaShares Artificial Intelligence Supercycle ETF | -0.16 | -0.09 | -0.09 | 87 | Artificial Intelligence, Technology Equities | TBIL vs AIS |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TBIL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Advanced Micro Devices, Inc. (AMD) (Technology) with a 1Y correlation of -0.21, down from -0.09 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Advanced Micro Devices, Inc. | -0.21 | -0.09 | — | 94 | Technology | |
| Amphenol Corporation | -0.16 | -0.05 | — | 77 | Technology | |
| Interactive Brokers Group, Inc. | -0.16 | -0.04 | — | 73 | Financial Services | |
| NVIDIA Corporation | -0.15 | -0.05 | — | 56 | Technology | |
| Riot Platforms, Inc. | -0.14 | -0.04 | — | 66 | Technology |
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