Looking to diversify beyond TIP? The ETFs below have the lowest correlation with TIP — 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 TIP.
Best Diversifiers for TIP
1098 ETFs have low correlation with TIP (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.40, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.40 | -0.43 | -0.43 | 63 | Leveraged Currency | TIP vs YCS | |
| iShares Enhanced Short-Term Bond Active ETF | -0.20 | — | — | 99 | Ultrashort Bond | TIP vs CSHP | |
| United States Gasoline Fund LP | -0.20 | -0.07 | 0.02 | 55 | Oil & Gas | TIP vs UGA | |
| Fidelity Managed Futures ETF | -0.18 | — | — | 64 | Systematic Trend | TIP vs FFUT | |
| Bastion Energy ETF | -0.16 | — | — | 84 | Energy Equities | TIP vs BESF |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TIP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TIP and solid risk/return profiles. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.16, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.16 | -0.03 | 0.01 | 65 | Energy | |
| Exxon Mobil Corporation | -0.15 | 0.00 | 0.03 | 72 | Energy | |
| Chevron Corporation | -0.12 | 0.01 | 0.04 | 70 | Energy | |
| Energy Transfer LP | -0.09 | 0.02 | 0.03 | 72 | Energy | |
| Enterprise Products Partners L.P. | -0.07 | 0.08 | 0.11 | 85 | Energy |
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