Looking to balance out your exposure to THLLY? The ETFs below have the lowest correlation with THLLY — they tend to move on their own, which can help reduce risk when THLLY drops. The stock ideas table highlights individual companies that behave independently from THLLY.
Best Diversifiers for THLLY
7 ETFs have low correlation with THLLY (below 0.3), 1 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.09, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.09 | -0.07 | -0.02 | 100 | Ultrashort Bond | THLLY vs SGOV | |
| Invesco Optimum Yield Diversified Commodity Strate... | 0.00 | 0.06 | 0.15 | 74 | Commodities | THLLY vs PDBC | |
| Pacific Global Senior Loan ETF | 0.05 | 0.08 | 0.11 | 85 | High Yield Bonds | THLLY vs FLRT | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.10 | 0.15 | 0.14 | 93 | Inflation-Protected Bonds | THLLY vs VTIP | |
| iShares Core MSCI Emerging Markets ETF | 0.16 | 0.18 | 0.21 | 79 | Emerging Markets Diversified | THLLY vs IEMG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from THLLY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to THLLY and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.12, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.12 | -0.01 | 0.12 | 85 | Energy | |
| Cenovus Energy Inc. | -0.07 | 0.04 | 0.15 | 95 | Energy | |
| Equinor ASA | -0.00 | 0.11 | 0.17 | 82 | Energy | |
| Anheuser-Busch InBev SA/NV | 0.06 | 0.17 | 0.23 | 54 | Consumer Defensive | |
| TotalEnergies SE | 0.07 | 0.13 | 0.15 | 90 | Energy |
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