Looking to diversify beyond TEK? The ETFs below have historically moved differently from TEK, 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 TEK
320 ETFs have low correlation with TEK (below 0.3), 73 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.49 | — | — | 61 | Cryptocurrency | TEK vs BITI | |
| iShares U.S. Insurance ETF | -0.31 | — | — | 53 | Financials Equities | TEK vs IAK | |
| Alpha Architect Tail Risk ETF | -0.29 | — | — | 56 | Options Trading | TEK vs CAOS | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.29 | — | — | 92 | Large Cap Value Equities, Dividend | TEK vs FDL | |
| iShares Core High Dividend ETF | -0.26 | — | — | 92 | Dividend, Large Cap Value Equities | TEK vs HDV |
See all 1266 diversifiers for TEK
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements TEK
Add TEK to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TEK