Looking to balance out your exposure to TEM? The ETFs below have historically moved differently from TEM, 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 TEM
1 ETFs have low correlation with TEM (below 0.3), 0 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard International High Dividend Yield ETF | 0.28 | — | — | 91 | Dividend, Foreign Large Cap Equities | TEM vs VYMI | |
| Fidelity MSCI Information Technology Index ETF | 0.44 | — | — | 61 | Technology Equities | TEM vs FTEC | |
| Vanguard Information Technology ETF | 0.44 | — | — | 60 | Technology Equities | TEM vs VGT | |
| Invesco QQQ ETF | 0.44 | — | — | 58 | Nasdaq-100 | TEM vs QQQ | |
| Vanguard S&P 500 ETF | 0.47 | — | — | 78 | S&P 500 | TEM vs VOO |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TEM, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.07, down from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.07 | 0.10 | 0.10 | 61 | Financial Services | |
| Black Hills Corporation | -0.02 | 0.11 | 0.11 | 81 | Utilities | |
| Johnson & Johnson | -0.00 | 0.02 | 0.02 | 96 | Healthcare | |
| MDU Resources Group, Inc. | 0.01 | 0.16 | 0.16 | 72 | Basic Materials | |
| AbbVie Inc. | 0.04 | — | — | 76 | Healthcare |
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