Looking to balance out your exposure to TDG? The ETFs below have historically moved differently from TDG, 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 TDG
11 ETFs have low correlation with TDG (below 0.3), 2 of which are negatively correlated. The least correlated is abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) (Commodities) with a 1Y correlation of -0.13, down from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| abrdn Bloomberg All Commodity Longer Dated Strateg... | -0.13 | -0.03 | 0.08 | 64 | Commodities | TDG vs BCD | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.10 | -0.06 | -0.03 | 100 | Government Bonds, Ultrashort Bond | TDG vs BIL | |
| iShares iBonds Dec 2027 Term Treasury ETF | 0.10 | 0.06 | 0.04 | 98 | Government Bonds | TDG vs IBTH | |
| State Street Technology Select Sector SPDR ETF | 0.11 | 0.30 | 0.44 | 61 | Technology Equities | TDG vs XLK | |
| iShares Semiconductor ETF | 0.12 | 0.28 | 0.41 | 90 | Semiconductors, Technology Equities | TDG vs SOXX |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TDG, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Diamondback Energy, Inc. (FANG) (Energy) with a 1Y correlation of -0.24, down from 0.17 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Diamondback Energy, Inc. | -0.24 | 0.01 | 0.17 | 73 | Energy | |
| Chevron Corporation | -0.19 | 0.03 | 0.18 | 76 | Energy | |
| Exxon Mobil Corporation | -0.18 | -0.02 | 0.16 | 85 | Energy | |
| Cboe Global Markets, Inc. | -0.14 | -0.05 | 0.10 | 56 | Financial Services | |
| Enterprise Products Partners L.P. | -0.10 | 0.09 | 0.22 | 88 | Energy |
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