Looking to diversify beyond TDAX? The ETFs below have the lowest correlation with TDAX — 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 TDAX.
Best Diversifiers for TDAX
1 ETFs have low correlation with TDAX (below 0.3), 0 of which are negatively correlated. The least correlated is VistaShares Target 15™ Berkshire Select Income ETF (OMAH) (Derivative Income) with a 1Y correlation of 0.16, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VistaShares Target 15™ Berkshire Select Income ETF | 0.16 | 0.16 | 0.16 | 51 | Derivative Income | TDAX vs OMAH | |
| Hamilton Enhanced Canadian Bank ETF | 0.49 | 0.49 | 0.49 | 98 | Financials Equities, Canada Equities, Leveraged Equities | TDAX vs HCAL.TO | |
| Leverage Shares 2X Long ARM Daily ETF | 0.65 | 0.65 | 0.65 | 56 | Leveraged Equities | TDAX vs ARMG | |
| GraniteShares 2x Long MRVL Daily ETF | 0.65 | 0.65 | 0.65 | 93 | Leveraged Equities | TDAX vs MVLL | |
| Amplify CWP International Enhanced Dividend Income... | 0.69 | 0.69 | 0.69 | 64 | Derivative Income, Dividend, Foreign Large Cap Equities | TDAX vs IDVO |
See all 14 diversifiers for TDAX
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