Looking to diversify beyond THYM? The ETFs below have historically moved differently from THYM, 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 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 0.25, roughly unchanged from 0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco BulletShares 2027 Municipal Bond ETF | 0.25 | 0.25 | 0.25 | 93 | Municipal Bonds | THYM vs BSMR | |
| T. Rowe Price Ultra Short-Term Bond ETF | 0.30 | 0.30 | 0.30 | 99 | Ultrashort Bond | THYM vs TBUX | |
| T. Rowe Price International Equity ETF | 0.31 | 0.31 | 0.31 | 65 | Foreign Large Cap Equities | THYM vs TOUS | |
| T. Rowe Price Dividend Growth ETF | 0.33 | 0.33 | 0.33 | 80 | Large Cap Blend Equities, Dividend, Actively Managed | THYM vs TDVG | |
| T. Rowe Price US Equity Research ETF | 0.34 | 0.34 | 0.34 | 62 | Large Cap Blend Equities | THYM vs TSPA |
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