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
167 ETFs have low correlation with TBLU (below 0.3), 39 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.39, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.39 | -0.08 | 0.04 | 71 | Oil & Gas | TBLU vs DBE | |
| United States Brent Oil Fund LP | -0.36 | -0.06 | 0.03 | 65 | Oil & Gas | TBLU vs BNO | |
| Invesco DB Oil Fund | -0.35 | -0.05 | 0.05 | 65 | Oil & Gas | TBLU vs DBO | |
| iShares Commodities Select Strategy ETF | -0.29 | -0.00 | 0.08 | 71 | Commodities | TBLU vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.29 | 0.01 | 0.09 | 71 | Commodities | TBLU vs GSG |
See all 1136 diversifiers for TBLU
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