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
13 ETFs have low correlation with THG (below 0.3), 9 of which are negatively correlated. The least correlated is Franklin FTSE Taiwan ETF (FLTW) (Taiwan Equities) with a 1Y correlation of -0.16, down from 0.10 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Franklin FTSE Taiwan ETF | -0.16 | -0.04 | 0.10 | 92 | Taiwan Equities, Asia Pacific Equities | THG vs FLTW | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.13 | 0.04 | — | 60 | Nasdaq-100, Derivative Income | THG vs JEPQ | |
| Invesco NASDAQ 100 ETF | -0.13 | 0.02 | 0.17 | 54 | Nasdaq-100 | THG vs QQQM | |
| Invesco QQQ ETF | -0.13 | 0.02 | 0.16 | 53 | Nasdaq-100 | THG vs QQQ | |
| iShares 0-3 Month Treasury Bond ETF | -0.10 | -0.03 | -0.02 | 100 | Ultrashort Bond | THG vs SGOV |
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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 NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.25, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.25 | -0.10 | 0.05 | 63 | Technology | |
| Nebius Group N.V. | -0.24 | — | — | 91 | Communication Services | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.24 | -0.11 | 0.03 | 89 | Technology | |
| Broadcom Inc. | -0.23 | -0.09 | 0.07 | 67 | Technology | |
| Celestica Inc. | -0.22 | -0.05 | 0.11 | 79 | Technology |
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Build a portfolio that complements THG
Add THG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
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