Looking to diversify beyond TDSC? The ETFs below have historically moved differently from TDSC, 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 TDSC
167 ETFs have low correlation with TDSC (below 0.3), 13 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, down from -0.35 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.35 | — | 61 | Cryptocurrency | TDSC vs BITI | |
| Alpha Architect Tail Risk ETF | -0.25 | -0.13 | — | 56 | Options Trading | TDSC vs CAOS | |
| Invesco DB Energy Fund | -0.14 | 0.03 | 0.09 | 72 | Oil & Gas | TDSC vs DBE | |
| United States Brent Oil Fund LP | -0.11 | 0.04 | 0.08 | 52 | Oil & Gas | TDSC vs BNO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.08 | -0.05 | 0.02 | 100 | Government Bonds, Ultrashort Bond | TDSC vs BIL |
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