Looking to balance out your exposure to TDG? The ETFs below have the lowest correlation with TDG — they tend to move on their own, which can help reduce risk when TDG drops. The stock ideas table highlights individual companies that behave independently from TDG.
Best Diversifiers for TDG
9 ETFs have low correlation with TDG (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.09, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | -0.06 | -0.03 | 100 | Government Bonds, Ultrashort Bond | TDG vs BIL | |
| iShares iBonds Dec 2027 Term Treasury ETF | 0.07 | 0.05 | 0.02 | 96 | Government Bonds | TDG vs IBTH | |
| iShares iBonds Dec 2028 Term Corporate ETF | 0.10 | 0.16 | 0.14 | 88 | Corporate Bonds | TDG vs IBDT | |
| PGIM Ultra Short Bond ETF | 0.13 | 0.09 | 0.12 | 100 | Ultrashort Bond | TDG vs PULS | |
| iShares iBonds Dec 2030 Term Corporate ETF | 0.15 | 0.17 | 0.15 | 50 | Corporate Bonds | TDG vs IBDV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TDG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TDG and solid risk/return profiles. The least correlated is Diamondback Energy, Inc. (FANG) (Energy) with a 1Y correlation of -0.10, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Diamondback Energy, Inc. | -0.10 | 0.08 | 0.23 | 82 | Energy | |
| Exxon Mobil Corporation | -0.09 | 0.03 | 0.20 | 85 | Energy | |
| Cboe Global Markets, Inc. | -0.07 | -0.03 | 0.12 | 68 | Financial Services | |
| Chevron Corporation | -0.07 | 0.09 | 0.23 | 83 | Energy | |
| Enterprise Products Partners L.P. | -0.05 | 0.12 | 0.25 | 85 | Energy |
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Build a portfolio that complements TDG
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