Looking to diversify beyond TCHI? The ETFs below have the lowest correlation with TCHI — 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 TCHI.
Best Diversifiers for TCHI
450 ETFs have low correlation with TCHI (below 0.3), 68 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.20, down from 0.01 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.20 | 0.01 | — | 66 | Oil & Gas | TCHI vs USO | |
| United States Brent Oil Fund LP | -0.20 | 0.02 | — | 65 | Oil & Gas | TCHI vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.19 | — | — | 56 | Derivative Income | TCHI vs USOY | |
| Invesco DB Energy Fund | -0.19 | 0.04 | 0.07 | 71 | Oil & Gas | TCHI vs DBE | |
| ProShares UltraShort Yen | -0.18 | -0.13 | — | 61 | Leveraged Currency | TCHI vs YCS |
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