Looking to diversify beyond THYM? The ETFs below have the lowest correlation with THYM — 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 THYM.
Best Diversifiers for THYM
1 ETFs have low correlation with THYM (below 0.3), 0 of which are negatively correlated. The least correlated is Invesco BulletShares 2027 Municipal Bond ETF (BSMR) (Municipal Bonds) with a 1Y correlation of 0.23, roughly unchanged from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco BulletShares 2027 Municipal Bond ETF | 0.23 | 0.23 | 0.23 | 92 | Municipal Bonds | THYM vs BSMR | |
| WisdomTree High Income Laddered Municipal ETF | 0.33 | 0.33 | — | 71 | High Yield Muni | THYM vs WTMY | |
| T. Rowe Price Dividend Growth ETF | 0.35 | 0.35 | 0.35 | 67 | Large Cap Growth Equities, Dividend | THYM vs TDVG | |
| VanEck Short Muni ETF | 0.39 | 0.39 | 0.39 | 61 | Municipal Bonds | THYM vs SMB | |
| T. Rowe Price U.S. High Yield ETF | 0.45 | 0.45 | 0.45 | 62 | High Yield Bonds | THYM vs THYF |
See all 17 diversifiers for THYM
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