Looking to diversify beyond TCAI? The ETFs below have the lowest correlation with TCAI — 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 TCAI.
Best Diversifiers for TCAI
300 ETFs have low correlation with TCAI (below 0.3), 40 of which are negatively correlated. The least correlated is iShares iBonds Oct 2027 Term TIPS ETF (IBID) (Inflation-Protected Bonds) with a 1Y correlation of -0.20, roughly unchanged from -0.20 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2027 Term TIPS ETF | -0.20 | -0.20 | -0.20 | 95 | Inflation-Protected Bonds | TCAI vs IBID | |
| United States Gasoline Fund LP | -0.13 | -0.13 | -0.13 | 55 | Oil & Gas | TCAI vs UGA | |
| Brookstone Ultra-Short Bond ETF | -0.12 | -0.12 | -0.12 | 98 | Ultrashort Bond | TCAI vs BAMU | |
| Texas Capital Government Money Market ETF | -0.12 | -0.12 | -0.12 | 100 | Money Market | TCAI vs MMKT | |
| Vanguard Ultra-Short Treasury ETF | -0.11 | -0.11 | -0.11 | 99 | Ultrashort Bond, Government Bonds | TCAI vs VGUS |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TCAI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TCAI and solid risk/return profiles. The least correlated is Equinix, Inc. (EQIX) (Real Estate) with a 1Y correlation of 0.33, roughly unchanged from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinix, Inc. | 0.33 | 0.33 | 0.33 | 70 | Real Estate | |
| Lumentum Holdings Inc. | 0.50 | 0.50 | 0.50 | 99 | Technology | |
| Tower Semiconductor Ltd | 0.57 | 0.57 | 0.57 | 99 | Technology | |
| Broadcom Inc. | 0.60 | 0.60 | 0.60 | 72 | Technology | |
| Fabrinet | 0.62 | 0.62 | 0.62 | 85 | Technology |
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