Looking to diversify beyond THLV? The ETFs below have historically moved differently from THLV, 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 THLV
158 ETFs have low correlation with THLV (below 0.3), 15 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.33, roughly unchanged from -0.26 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.33 | -0.26 | — | 61 | Cryptocurrency | THLV vs BITI | |
| Alpha Architect Tail Risk ETF | -0.22 | -0.07 | — | 56 | Options Trading | THLV vs CAOS | |
| Invesco DB Energy Fund | -0.20 | -0.06 | — | 72 | Oil & Gas | THLV vs DBE | |
| Invesco DB Oil Fund | -0.16 | -0.03 | — | 58 | Oil & Gas | THLV vs DBO | |
| United States Brent Oil Fund LP | -0.15 | -0.04 | — | 52 | Oil & Gas | THLV vs BNO |
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