Looking to diversify beyond TEQI? The ETFs below have the lowest correlation with TEQI — 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 TEQI.
Best Diversifiers for TEQI
188 ETFs have low correlation with TEQI (below 0.3), 17 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.34, roughly unchanged from -0.32 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.34 | -0.30 | -0.32 | 52 | Cryptocurrency | TEQI vs BITI | |
| Invesco DB Energy Fund | -0.16 | -0.01 | 0.17 | 57 | Oil & Gas | TEQI vs DBE | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.09 | -0.09 | -0.04 | 100 | Government Bonds, Ultrashort Bond | TEQI vs BIL | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.08 | 0.06 | 0.21 | 52 | Commodities | TEQI vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.07 | 0.06 | 0.22 | 54 | Commodities | TEQI vs GSG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TEQI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TEQI and solid risk/return profiles. The least correlated is STAG Industrial, Inc. (STAG) (Real Estate) with a 1Y correlation of 0.48, down from 0.58 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| STAG Industrial, Inc. | 0.48 | 0.58 | 0.58 | 77 | Real Estate |
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