Looking to diversify beyond THY? The ETFs below have the lowest correlation with THY — 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 THY.
Best Diversifiers for THY
184 ETFs have low correlation with THY (below 0.3), 33 of which are negatively correlated. The least correlated is United States Brent Oil Fund LP (BNO) (Oil & Gas) with a 1Y correlation of -0.22, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Brent Oil Fund LP | -0.22 | -0.06 | 0.06 | 65 | Oil & Gas | THY vs BNO | |
| Invesco DB Oil Fund | -0.22 | -0.06 | 0.06 | 65 | Oil & Gas | THY vs DBO | |
| Invesco DB Energy Fund | -0.21 | -0.06 | 0.05 | 71 | Oil & Gas | THY vs DBE | |
| iShares Enhanced Short-Term Bond Active ETF | -0.16 | — | — | 100 | Ultrashort Bond | THY vs CSHP | |
| iShares Commodities Select Strategy ETF | -0.13 | -0.00 | 0.10 | 72 | Commodities | THY vs COMT |
See all 1219 diversifiers for THY
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Diversification Analysis
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