Looking to diversify beyond TBT? The ETFs below have the lowest correlation with TBT — 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 TBT.
Best Diversifiers for TBT
1449 ETFs have low correlation with TBT (below 0.3), 1389 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Astoria Dynamic Core US Fixed Income ETF | -0.81 | — | — | 67 | Multisector Bonds | TBT vs AGGA | |
| FlexShares Credit-Scored US Corporate Bond Index F... | -0.80 | -0.82 | -0.78 | 51 | Corporate Bonds | TBT vs SKOR | |
| Frontier Asset Core Bond ETF | -0.79 | — | — | 50 | Intermediate Core Bond | TBT vs FCBD | |
| First Trust TCW Unconstrained Plus Bond ETF | -0.79 | -0.68 | -0.54 | 50 | Nontraditional Bonds | TBT vs UCON | |
| Hartford Strategic Income ETF | -0.78 | -0.81 | — | 61 | Multisector Bonds | TBT vs HFSI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TBT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TBT and solid risk/return profiles. The least correlated is AGNC Investment Corp. (AGNC) (Real Estate) with a 1Y correlation of -0.34, roughly unchanged from -0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AGNC Investment Corp. | -0.34 | -0.37 | -0.24 | 77 | Real Estate | |
| Lemonade, Inc. | -0.09 | -0.12 | -0.09 | 56 | Financial Services |
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