Looking to diversify beyond TFLO? The ETFs below have the lowest correlation with TFLO — 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 TFLO.
Best Diversifiers for TFLO
1452 ETFs have low correlation with TFLO (below 0.3), 479 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SGI Enhanced Core ETF | -0.14 | — | — | 95 | Intermediate Core Bond | TFLO vs USDX | |
| PIMCO Enhanced Low Duration Active ETF | -0.12 | 0.02 | 0.04 | 89 | Short-Term Bond | TFLO vs LDUR | |
| SPDR S&P Oil & Gas Equipment & Services ETF | -0.12 | -0.05 | -0.05 | 82 | Energy Equities | TFLO vs XES | |
| Dimensional California Municipal Bond ETF | -0.11 | — | — | 72 | Municipal Bonds | TFLO vs DFCA | |
| iShares U.S. Oil Equipment & Services ETF | -0.11 | -0.04 | -0.04 | 74 | Energy Equities | TFLO vs IEZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TFLO, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TFLO and solid risk/return profiles. The least correlated is Howmet Aerospace Inc. (HWM) (Industrials) with a 1Y correlation of -0.09, roughly unchanged from -0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Howmet Aerospace Inc. | -0.09 | -0.07 | -0.07 | 85 | Industrials | |
| Jazz Pharmaceuticals plc | -0.09 | -0.03 | -0.01 | 97 | Healthcare | |
| Chubb Limited | -0.09 | -0.02 | -0.03 | 69 | Financial Services | |
| ConocoPhillips Company | -0.08 | -0.04 | -0.04 | 65 | Energy | |
| Petróleo Brasileiro S.A. - Petrobras | -0.08 | 0.01 | -0.01 | 75 | Energy |
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