Looking to diversify beyond TECB? The ETFs below have the lowest correlation with TECB — 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 TECB.
Best Diversifiers for TECB
314 ETFs have low correlation with TECB (below 0.3), 71 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.25, down from 0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.25 | -0.07 | 0.03 | 66 | Oil & Gas | TECB vs USO | |
| Invesco DB Energy Fund | -0.25 | -0.07 | 0.04 | 71 | Oil & Gas | TECB vs DBE | |
| United States Brent Oil Fund LP | -0.24 | -0.06 | 0.03 | 65 | Oil & Gas | TECB vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.23 | -0.06 | -0.06 | 56 | Derivative Income | TECB vs USOY | |
| Invesco DB Oil Fund | -0.21 | -0.04 | 0.04 | 65 | Oil & Gas | TECB vs DBO |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TECB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TECB and solid risk/return profiles. The least correlated is Regency Centers Corporation (REG) (Real Estate) with a 1Y correlation of 0.10, down from 0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Regency Centers Corporation | 0.10 | 0.17 | 0.33 | 61 | Real Estate | |
| Pfizer Inc. | 0.16 | 0.14 | 0.19 | 61 | Healthcare | |
| Apple Inc | 0.35 | 0.47 | 0.62 | 89 | Technology | |
| Rolls-Royce Holdings plc | 0.39 | 0.39 | 0.39 | 70 | Industrials | |
| Texas Instruments Incorporated | 0.41 | 0.55 | 0.63 | 81 | Technology |
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