Looking to diversify beyond TIPX? The ETFs below have the lowest correlation with TIPX — 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 TIPX.
Best Diversifiers for TIPX
1355 ETFs have low correlation with TIPX (below 0.3), 137 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.38, roughly unchanged from -0.43 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.38 | -0.43 | -0.43 | 61 | Leveraged Currency | TIPX vs YCS | |
| ProShares Investment Grade-Interest Rate Hedged | -0.17 | -0.11 | -0.04 | 56 | Corporate Bonds | TIPX vs IGHG | |
| iShares Enhanced Short-Term Bond Active ETF | -0.17 | — | — | 100 | Ultrashort Bond | TIPX vs CSHP | |
| iShares BBB-B CLO Active ETF | -0.11 | — | — | 85 | CLO | TIPX vs BCLO | |
| United States Gasoline Fund LP | -0.11 | -0.02 | 0.09 | 69 | Oil & Gas | TIPX vs UGA |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TIPX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TIPX and solid risk/return profiles. The least correlated is Exxon Mobil Corporation (XOM) (Energy) with a 1Y correlation of -0.09, down from 0.07 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Exxon Mobil Corporation | -0.09 | 0.01 | 0.07 | 85 | Energy | |
| GE Vernova Inc. | -0.05 | — | — | 87 | Utilities | |
| Archer-Daniels-Midland Company | 0.05 | 0.05 | 0.06 | 94 | Consumer Defensive | |
| Ligand Pharmaceuticals Incorporated | 0.09 | 0.08 | 0.06 | 95 | Healthcare | |
| General Dynamics Corporation | 0.15 | 0.10 | 0.11 | 73 |
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