Looking to diversify beyond TCHP? The ETFs below have historically moved differently from TCHP, 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 TCHP
468 ETFs have low correlation with TCHP (below 0.3), 131 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.45 | — | — | 61 | Inverse Equities, Leveraged Equities | TCHP vs MSTZ | |
| YieldMax MSTR Short Option Income Strategy ETF | -0.44 | — | — | 75 | Derivative Income | TCHP vs WNTR | |
| ProShares Short Bitcoin ETF | -0.43 | -0.34 | — | 61 | Cryptocurrency | TCHP vs BITI | |
| Proshares Ultrashort Bitcoin ETF | -0.43 | — | — | 55 | Cryptocurrency, Leveraged Cryptocurrency | TCHP vs SBIT | |
| YieldMax XOM Option Income Strategy ETF | -0.32 | — | — | 51 | Derivative Income, Dividend | TCHP vs XOMO |
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