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
3 ETFs have low correlation with TIMB (below 0.3), 0 of which are negatively correlated. The least correlated is Schwab U.S. Dividend Equity ETF (SCHD) (Dividend) with a 1Y correlation of 0.22, roughly unchanged from 0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | 0.22 | 0.23 | 0.25 | 80 | Dividend | TIMB vs SCHD | |
| NEOS Nasdaq-100 High Income ETF | 0.23 | — | — | 68 | Nasdaq-100, Derivative Income | TIMB vs QQQI | |
| iShares MSCI Austria ETF | 0.27 | 0.27 | 0.29 | 66 | Europe Equities | TIMB vs EWO | |
| iShares MSCI South Korea ETF | 0.31 | 0.30 | 0.29 | 96 | Asia Pacific Equities | TIMB vs EWY | |
| iShares MSCI Spain ETF | 0.35 | 0.35 | 0.34 | 55 | Europe Equities | TIMB vs EWP |
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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 -0.05, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.05 | 0.05 | 0.12 | 83 | Energy | |
| eBay Inc. | 0.08 | 0.12 | 0.14 | 73 | Consumer Cyclical | |
| Federated Hermes, Inc. | 0.09 | 0.13 | 0.18 | 80 | Financial Services | |
| Altria Group, Inc. | 0.10 | 0.13 | 0.15 | 69 | Consumer Defensive | |
| QUALCOMM Incorporated | 0.10 | 0.16 | 0.17 | 79 | Technology |
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Build a portfolio that complements TIMB
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