Looking to balance out your exposure to THG? The ETFs below have historically moved differently from THG, 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 THG
14 ETFs have low correlation with THG (below 0.3), 12 of which are negatively correlated. The least correlated is Franklin FTSE Taiwan ETF (FLTW) (Taiwan Equities) with a 1Y correlation of -0.20, down from 0.08 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin FTSE Taiwan ETF | -0.20 | -0.06 | 0.08 | 89 | Taiwan Equities, Asia Pacific Equities | THG vs FLTW | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.18 | 0.02 | — | 60 | Nasdaq-100, Derivative Income | THG vs JEPQ | |
| Invesco NASDAQ 100 ETF | -0.16 | 0.01 | 0.15 | 54 | Nasdaq-100 | THG vs QQQM | |
| Invesco QQQ ETF | -0.15 | 0.00 | 0.13 | 54 | Nasdaq-100 | THG vs QQQ | |
| iShares MSCI Netherlands ETF | -0.13 | 0.06 | 0.18 | 71 | Europe Equities | THG vs EWN |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for THG, 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 Nebius Group N.V. (NBIS) (Communication Services) with a 1Y correlation of -0.27, down from -0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Nebius Group N.V. | -0.27 | -0.15 | -0.15 | 94 | Communication Services | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.26 | -0.12 | 0.02 | 89 | Technology | |
| Broadcom Inc. | -0.25 | -0.10 | 0.06 | 70 | Technology | |
| NVIDIA Corporation | -0.25 | -0.11 | 0.04 | 63 | Technology | |
| Micron Technology, Inc. | -0.23 | -0.09 | 0.04 | 99 | Technology |
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