Looking to balance out your exposure to TCEHY? The ETFs below have the lowest correlation with TCEHY — they tend to move on their own, which can help reduce risk when TCEHY drops. The stock ideas table highlights individual companies that behave independently from TCEHY.
Best Diversifiers for TCEHY
122 ETFs have low correlation with TCEHY (below 0.3), 12 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.18, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.18 | 0.02 | 0.05 | 66 | Oil & Gas | TCEHY vs USO | |
| ProShares Ultra Bloomberg Crude Oil | -0.16 | 0.03 | 0.05 | 54 | Leveraged Commodities | TCEHY vs UCO | |
| iShares 0-3 Month Treasury Bond ETF | -0.06 | 0.04 | 0.04 | 100 | Ultrashort Bond | TCEHY vs SGOV | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.06 | 0.03 | 0.03 | 93 | Inflation-Protected Bonds | TCEHY vs VTIP | |
| Alpha Architect 1-3 Month Box ETF | -0.05 | -0.01 | -0.01 | 100 | Ultrashort Bond | TCEHY vs BOXX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TCEHY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TCEHY and solid risk/return profiles. The least correlated is Chubb Limited (CB) (Financial Services) with a 1Y correlation of -0.13, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.13 | -0.01 | 0.03 | 57 | Financial Services | |
| Plains All American Pipeline, L.P. | -0.13 | 0.09 | 0.11 | 89 | Energy | |
| Altria Group, Inc. | -0.12 | 0.03 | 0.03 | 73 | Consumer Defensive | |
| The Southern Company | -0.10 | 0.05 | 0.01 | 52 | Utilities | |
| Duke Energy Corporation | -0.10 | 0.00 | -0.03 | 57 | Utilities |
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