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
887 ETFs have low correlation with TFJL (below 0.3), 38 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.30 | — | — | 64 | Systematic Trend | TFJL vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.28 | -0.17 | -0.17 | 75 | Commodities | TFJL vs FAAR | |
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.25 | -0.13 | — | 50 | Commodities | TFJL vs CMDT | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.25 | -0.14 | -0.13 | 55 | Commodities | TFJL vs FTGC | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.24 | -0.19 | -0.19 | 53 | Commodities | TFJL vs CERY |
See all 1079 diversifiers for TFJL
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Diversification Analysis
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