Looking to diversify beyond TCAL? The ETFs below have historically moved differently from TCAL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for TCAL
977 ETFs have low correlation with TCAL (below 0.3), 85 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.17 | — | — | 58 | Oil & Gas | TCAL vs DBO | |
| Invesco DB Energy Fund | -0.16 | — | — | 72 | Oil & Gas | TCAL vs DBE | |
| United States Brent Oil Fund LP | -0.16 | — | — | 52 | Oil & Gas | TCAL vs BNO | |
| Invesco DB Commodity Index Tracking Fund | -0.15 | — | — | 71 | Commodities | TCAL vs DBC | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | — | — | 67 | Commodities | TCAL vs GSG |
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