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
126 ETFs have low correlation with TCEHY (below 0.3), 7 of which are negatively correlated. The least correlated is iShares Treasury Floating Rate Bond ETF (TFLO) (Government Bonds) with a 1Y correlation of -0.07, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Treasury Floating Rate Bond ETF | -0.07 | 0.01 | -0.01 | 100 | Government Bonds, Ultrashort Bond | TCEHY vs TFLO | |
| iShares 0-3 Month Treasury Bond ETF | -0.05 | 0.04 | 0.04 | 100 | Ultrashort Bond | TCEHY vs SGOV | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.03 | — | — | 100 | Ultrashort Bond | TCEHY vs VBIL | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.03 | 0.03 | 0.03 | 89 | Inflation-Protected Bonds | TCEHY vs VTIP | |
| PIMCO Enhanced Short Maturity Active ETF | -0.02 | 0.01 | 0.08 | 100 | Ultrashort Bond | TCEHY vs MINT |
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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 -0.12, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.12 | -0.01 | 0.03 | 73 | Financial Services | |
| Plains All American Pipeline, L.P. | -0.12 | 0.08 | 0.11 | 81 | Energy | |
| Altria Group, Inc. | -0.10 | 0.03 | 0.03 | 78 | Consumer Defensive | |
| The Coca-Cola Company | -0.09 | 0.06 | 0.05 | 76 | Consumer Defensive | |
| Duke Energy Corporation | -0.08 | 0.00 | -0.03 | 67 | Utilities |
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