Looking to diversify beyond TFJL? The ETFs below have the lowest correlation with TFJL — 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 TFJL.
Best Diversifiers for TFJL
974 ETFs have low correlation with TFJL (below 0.3), 62 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.38, down from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.38 | -0.24 | -0.21 | 71 | Oil & Gas | TFJL vs DBE | |
| Invesco DB Oil Fund | -0.37 | -0.23 | -0.21 | 65 | Oil & Gas | TFJL vs DBO | |
| United States Brent Oil Fund LP | -0.36 | -0.23 | -0.22 | 65 | Oil & Gas | TFJL vs BNO | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | -0.20 | -0.19 | 71 | Commodities | TFJL vs GSG | |
| iShares Commodities Select Strategy ETF | -0.34 | -0.21 | -0.20 | 71 | Commodities | TFJL vs COMT |
See all 1171 diversifiers for TFJL
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