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
958 ETFs have low correlation with TFJL (below 0.3), 61 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 -0.22 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.38 | -0.25 | -0.22 | 57 | Oil & Gas | TFJL vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.35 | -0.23 | -0.20 | 52 | Commodities | TFJL vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.35 | -0.21 | -0.19 | 54 | Commodities | TFJL vs GSG | |
| Invesco DB Commodity Index Tracking Fund | -0.34 | -0.21 | -0.17 | 56 | Commodities | TFJL vs DBC | |
| DoubleLine Commodity Strategy ETF | -0.34 | — | — | 52 | Commodities | TFJL vs DCMT |
See all 1168 diversifiers for TFJL
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