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Looking to diversify beyond THNQ? The ETFs below have the lowest correlation with THNQ — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from THNQ.

Best Diversifiers for THNQ

274 ETFs have low correlation with THNQ (below 0.3), 39 of which are negatively correlated.


See all 1572 diversifiers for THNQ

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Low-Correlation Stock Ideas

If you're looking for individual stocks that move independently from THNQ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to THNQ and solid risk/return profiles. The least correlated is Wheaton Precious Metals Corp. (WPM) (Basic Materials) with a 1Y correlation of 0.25, roughly unchanged from 0.25 over 5 years.


SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Wheaton Precious Metals Corp.0.250.240.25
64
Basic Materials
NVIDIA Corporation0.520.600.69
76
Technology

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Diversification Analysis

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