Looking to balance out your exposure to TIMB? The ETFs below have the lowest correlation with TIMB — they tend to move on their own, which can help reduce risk when TIMB drops. The stock ideas table highlights individual companies that behave independently from TIMB.
Best Diversifiers for TIMB
5 ETFs have low correlation with TIMB (below 0.3), 1 of which are negatively correlated. The least correlated is WisdomTree Floating Rate Treasury Fund (USFR) (Government Bonds) with a 1Y correlation of -0.03, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Floating Rate Treasury Fund | -0.03 | -0.07 | -0.02 | 100 | Government Bonds, Ultrashort Bond | TIMB vs USFR | |
| NEOS Nasdaq-100 High Income ETF | 0.22 | — | — | 53 | Nasdaq-100, Derivative Income | TIMB vs QQQI | |
| Schwab U.S. Dividend Equity ETF | 0.25 | 0.25 | 0.26 | 77 | Dividend | TIMB vs SCHD | |
| iShares MSCI Austria ETF | 0.28 | 0.27 | 0.29 | 83 | Europe Equities | TIMB vs EWO | |
| iShares MSCI South Korea ETF | 0.30 | 0.29 | 0.29 | 92 | Asia Pacific Equities | TIMB vs EWY |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TIMB, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TIMB and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.02, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.02 | 0.07 | 0.11 | 70 | Energy | |
| Federated Hermes, Inc. | 0.07 | 0.13 | 0.19 | 85 | Financial Services | |
| Altria Group, Inc. | 0.09 | 0.13 | 0.15 | 72 | Consumer Defensive | |
| QUALCOMM Incorporated | 0.09 | 0.15 | 0.16 | 65 | Technology | |
| eBay Inc. | 0.10 | 0.13 | 0.14 | 74 | Consumer Cyclical |
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Build a portfolio that complements TIMB
Add TIMB to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TIMB