Looking to diversify beyond TFNS? The ETFs below have historically moved differently from TFNS, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for TFNS
382 ETFs have low correlation with TFNS (below 0.3), 44 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.27 | — | — | 72 | Oil & Gas | TFNS vs DBE | |
| Invesco DB Oil Fund | -0.27 | — | — | 58 | Oil & Gas | TFNS vs DBO | |
| United States Brent Oil Fund LP | -0.25 | — | — | 52 | Oil & Gas | TFNS vs BNO | |
| Alpha Architect Tail Risk ETF | -0.23 | — | — | 56 | Options Trading | TFNS vs CAOS | |
| ProShares Short Bitcoin ETF | -0.22 | — | — | 61 | Cryptocurrency | TFNS vs BITI |
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