Looking to balance out your exposure to TER? The ETFs below have the lowest correlation with TER — they tend to move on their own, which can help reduce risk when TER drops. The stock ideas table highlights individual companies that behave independently from TER.
Best Diversifiers for TER
5 ETFs have low correlation with TER (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.13, down from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.13 | -0.05 | -0.02 | 100 | Ultrashort Bond | TER vs SGOV | |
| iShares 0-5 Year TIPS Bond ETF | 0.03 | 0.03 | 0.07 | 91 | Inflation-Protected Bonds | TER vs STIP | |
| VanEck Commodity Strategy ETF | 0.05 | 0.09 | — | 77 | Commodities | TER vs PIT | |
| VanEck Oil Refiners ETF | 0.12 | 0.24 | 0.32 | 93 | Energy Equities | TER vs CRAK | |
| Schwab U.S. Dividend Equity ETF | 0.15 | 0.33 | 0.45 | 91 | Dividend | TER vs SCHD |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TER, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TER and solid risk/return profiles. The least correlated is Waste Management, Inc. (WM) (Industrials) with a 1Y correlation of -0.35, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Waste Management, Inc. | -0.35 | -0.12 | 0.04 | 56 | Industrials | |
| Altria Group, Inc. | -0.22 | -0.11 | -0.01 | 80 | Consumer Defensive | |
| The Coca-Cola Company | -0.21 | -0.12 | 0.03 | 84 | Consumer Defensive | |
| Aflac Incorporated | -0.21 | -0.00 | 0.16 | 82 | Financial Services | |
| Verizon Communications Inc. | -0.20 | -0.09 | -0.03 | 61 | Communication Services |
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