Looking to diversify beyond TECL? The ETFs below have the lowest correlation with TECL — 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 TECL.
Best Diversifiers for TECL
349 ETFs have low correlation with TECL (below 0.3), 92 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 | -0.06 | 0.03 | 66 | Oil & Gas | TECL vs USO | |
| Invesco DB Energy Fund | -0.25 | -0.06 | 0.05 | 71 | Oil & Gas | TECL vs DBE | |
| Defiance Oil Enhanced Options Income ETF | -0.23 | — | — | 56 | Derivative Income | TECL vs USOY | |
| United States Brent Oil Fund LP | -0.23 | -0.05 | 0.04 | 65 | Oil & Gas | TECL vs BNO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | TECL vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TECL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TECL and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.32, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.32 | -0.15 | -0.01 | 69 | Consumer Defensive | |
| Duke Energy Corporation | -0.29 | -0.19 | -0.04 | 53 | Utilities | |
| Chubb Limited | -0.24 | -0.06 | 0.10 | 51 | Financial Services | |
| Verizon Communications Inc. | -0.23 | -0.10 | 0.01 | 59 | Communication Services | |
| RenaissanceRe Holdings Ltd. | -0.23 | -0.00 | 0.11 | 58 | Financial Services |
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