Looking to balance out your exposure to TCI? The ETFs below have the lowest correlation with TCI — they tend to move on their own, which can help reduce risk when TCI drops. The stock ideas table highlights individual companies that behave independently from TCI.
Best Diversifiers for TCI
2 ETFs have low correlation with TCI (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco QQQ ETF (QQQ) (Nasdaq-100) with a 1Y correlation of 0.07, down from 0.18 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | 0.07 | 0.13 | 0.18 | 73 | Nasdaq-100 | TCI vs QQQ | |
| State Street SPDR S&P 500 ETF | 0.16 | 0.20 | 0.23 | 70 | S&P 500 | TCI vs SPY |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TCI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TCI and solid risk/return profiles. The least correlated is Welltower Inc. (WELL) (Real Estate) with a 1Y correlation of 0.10, roughly unchanged from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Welltower Inc. | 0.10 | 0.11 | 0.12 | 79 | Real Estate | |
| Newmark Group, Inc. | 0.19 | 0.22 | 0.20 | 60 | Real Estate |
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