Looking to diversify beyond TBLU? The ETFs below have the lowest correlation with TBLU — 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 TBLU.
Best Diversifiers for TBLU
151 ETFs have low correlation with TBLU (below 0.3), 35 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.38, down from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.38 | -0.11 | 0.02 | 58 | Oil & Gas | TBLU vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.27 | -0.03 | 0.07 | 53 | Commodities | TBLU vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.27 | -0.02 | 0.08 | 57 | Commodities | TBLU vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.24 | -0.00 | 0.10 | 60 | Commodities | TBLU vs DBC | |
| Alpha Architect Tail Risk ETF | -0.24 | -0.02 | 0.08 | 53 | Options Trading | TBLU vs CAOS |
See all 1183 diversifiers for TBLU
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