Looking to diversify beyond TECY? The ETFs below have the lowest correlation with TECY — 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 TECY.
Best Diversifiers for TECY
1 ETFs have low correlation with TECY (below 0.3), 1 of which are negatively correlated. The least correlated is Simplify Treasury Option Income ETF (BUCK) (Government Bonds) with a 1Y correlation of -0.20, roughly unchanged from -0.20 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Simplify Treasury Option Income ETF | -0.20 | -0.20 | — | 96 | Government Bonds, Ultrashort Bond, Derivative Income | TECY vs BUCK | |
| iShares S&P 500 BuyWrite ETF | 0.51 | — | — | 86 | Derivative Income, S&P 500 | TECY vs IVVW | |
| Invesco S&P 500 BuyWrite ETF | 0.52 | 0.52 | 0.52 | 92 | Derivative Income, S&P 500 | TECY vs PBP | |
| Parametric Equity Plus ETF | 0.64 | — | — | 67 | Derivative Income | TECY vs PEPS | |
| Goldman Sachs S&P 500 Premium Income ETF | 0.65 | 0.65 | 0.65 | 75 | Derivative Income, S&P 500 | TECY vs GPIX |
See all 10 diversifiers for TECY
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