Looking to balance out your exposure to TFPM? The ETFs below have historically moved differently from TFPM, 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 TFPM
1 ETFs have low correlation with TFPM (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.12, roughly unchanged from 0.13 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.12 | 0.13 | — | 94 | Dividend | TFPM vs SCHD | |
| Blueprint Chesapeake Multi-Asset Trend ETF | 0.33 | 0.19 | — | 64 | Global Allocation | TFPM vs TFPN | |
| Global X Copper Miners ETF | 0.61 | 0.51 | 0.43 | 76 | Copper | TFPM vs COPX |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TFPM, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Equinor ASA (EQNR) (Energy) with a 1Y correlation of -0.19, down from 0.10 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Equinor ASA | -0.19 | 0.06 | 0.10 | 82 | Energy | |
| Altria Group, Inc. | -0.13 | 0.02 | 0.00 | 63 | Consumer Defensive | |
| Cboe Global Markets, Inc. | -0.13 | -0.02 | 0.02 | 56 | Financial Services | |
| Arch Capital Group Ltd. | -0.10 | -0.02 | — | 59 | Financial Services | |
| Verizon Communications Inc. | -0.04 | 0.07 | 0.07 | 63 | Communication Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TFPM
Add TFPM to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TFPM