Looking to balance out your exposure to THG? The ETFs below have the lowest correlation with THG — they tend to move on their own, which can help reduce risk when THG drops. The stock ideas table highlights individual companies that behave independently from THG.
Best Diversifiers for THG
11 ETFs have low correlation with THG (below 0.3), 4 of which are negatively correlated. The least correlated is Franklin FTSE Taiwan ETF (FLTW) (Asia Pacific Equities) with a 1Y correlation of -0.09, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin FTSE Taiwan ETF | -0.09 | -0.00 | 0.12 | 96 | Asia Pacific Equities | THG vs FLTW | |
| iShares 0-3 Month Treasury Bond ETF | -0.09 | -0.00 | -0.00 | 100 | Ultrashort Bond | THG vs SGOV | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.01 | 0.06 | 0.17 | 74 | Nasdaq-100, Derivative Income | THG vs JEPQ | |
| Invesco QQQ ETF | -0.00 | 0.04 | 0.18 | 73 | Nasdaq-100 | THG vs QQQ | |
| Invesco NASDAQ 100 ETF | 0.01 | 0.05 | 0.18 | 74 | Nasdaq-100 | THG vs QQQM |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from THG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to THG and solid risk/return profiles. The least correlated is Taiwan Semiconductor Manufacturing Company Limited (TSM) (Technology) with a 1Y correlation of -0.21, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | -0.21 | -0.09 | 0.04 | 95 | Technology | |
| Nebius Group N.V. | -0.17 | — | — | 97 | Communication Services | |
| Celestica Inc. | -0.16 | -0.02 | 0.13 | 94 | Technology | |
| NVIDIA Corporation | -0.16 | -0.07 | 0.06 | 78 | Technology | |
| Micron Technology, Inc. | -0.15 | -0.05 | 0.08 | 99 | Technology |
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Build a portfolio that complements THG
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