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
1578 ETFs have low correlation with TBIL (below 0.3), 402 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | -0.17 | — | — | 93 | Options Trading, Dividend | TBIL vs AMDY | |
| GraniteShares 2x Long AMD Daily ETF | -0.17 | — | — | 96 | Leveraged Equities | TBIL vs AMDL | |
| Harbor Commodity All-Weather Strategy ETF | -0.17 | -0.03 | — | 78 | Commodities | TBIL vs HGER | |
| REX NVDA Growth & Income ETF | -0.17 | — | — | 52 | Derivative Income | TBIL vs NVII | |
| Direxion Auspice Broad Commodity Strategy ETF | -0.16 | -0.03 | — | 70 | Commodities | TBIL vs COM |
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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 NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.14, roughly unchanged from -0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.14 | -0.05 | — | 78 | Technology | |
| Trinity Capital Inc. | -0.13 | -0.03 | — | 80 | Financial Services | |
| Advanced Micro Devices, Inc. | -0.09 | -0.03 | -0.03 | 98 | Technology | |
| Lam Research Corporation | -0.07 | -0.03 | — | 98 | Technology | |
| Bloom Energy Corporation | -0.05 | -0.03 | -0.03 | 99 | Industrials |
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