Looking to balance out your exposure to TFC? The ETFs below have the lowest correlation with TFC — they tend to move on their own, which can help reduce risk when TFC drops. The stock ideas table highlights individual companies that behave independently from TFC.
Best Diversifiers for TFC
9 ETFs have low correlation with TFC (below 0.3), 2 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.06, roughly unchanged from -0.03 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.06 | -0.09 | -0.03 | 100 | Government Bonds, Ultrashort Bond | TFC vs BIL | |
| iShares iBonds Dec 2025 Term Treasury ETF | -0.01 | 0.00 | -0.06 | 99 | Government Bonds | TFC vs IBTF | |
| iShares iBonds Dec 2026 Term Treasury ETF | 0.06 | 0.04 | -0.04 | 99 | Government Bonds | TFC vs IBTG | |
| iShares iBonds Dec 2027 Term Treasury ETF | 0.08 | 0.04 | -0.06 | 96 | Government Bonds | TFC vs IBTH | |
| iShares iBonds Dec 2028 Term Treasury ETF | 0.10 | 0.06 | -0.05 | 66 | Government Bonds | TFC vs IBTI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TFC, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TFC and solid risk/return profiles. The least correlated is Equinor ASA (EQNR) (Energy) with a 1Y correlation of -0.11, down from 0.19 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinor ASA | -0.11 | 0.09 | 0.19 | 82 | Energy | |
| Nutrien Ltd. | -0.04 | 0.21 | 0.28 | 58 | Basic Materials | |
| TotalEnergies SE | -0.02 | 0.16 | 0.18 | 90 | Energy | |
| TC Energy Corporation | 0.02 | 0.26 | 0.33 | 87 | Energy | |
| Duke Energy Corporation | 0.03 | 0.13 | 0.18 | 53 | Utilities |
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Build a portfolio that complements TFC
Add TFC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TFC