Looking to balance out your exposure to TJX? The ETFs below have the lowest correlation with TJX — they tend to move on their own, which can help reduce risk when TJX drops. The stock ideas table highlights individual companies that behave independently from TJX.
Best Diversifiers for TJX
214 ETFs have low correlation with TJX (below 0.3), 38 of which are negatively correlated. The least correlated is Roundhill Generative AI & Technology ETF (CHAT) (Technology Equities) with a 1Y correlation of -0.11, down from 0.16 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Roundhill Generative AI & Technology ETF | -0.11 | 0.16 | — | 89 | Technology Equities | TJX vs CHAT | |
| ProShares Ultra Semiconductors | -0.10 | 0.14 | 0.29 | 82 | Leveraged Equities, Semiconductors | TJX vs USD | |
| Direxion Daily Technology Bull 3X Shares | -0.08 | 0.22 | 0.36 | 65 | Leveraged Equities, Technology Equities | TJX vs TECL | |
| Vanguard Information Technology ETF | -0.08 | 0.21 | 0.37 | 58 | Technology Equities | TJX vs VGT | |
| Alpha Architect 1-3 Month Box ETF | -0.08 | 0.04 | 0.01 | 100 | Ultrashort Bond | TJX vs BOXX |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TJX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TJX and solid risk/return profiles. The least correlated is Everpure, Inc. (P) (Technology) with a 1Y correlation of -0.18, down from 0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Everpure, Inc. | -0.18 | 0.08 | 0.23 | 61 | Technology | |
| Nebius Group N.V. | -0.18 | -0.06 | -0.06 | 96 | Communication Services | |
| CrowdStrike Holdings, Inc. | -0.18 | 0.10 | 0.21 | 65 | Technology | |
| Shell plc | -0.17 | -0.01 | 0.10 | 64 | Energy | |
| Equinor ASA | -0.16 | -0.05 | 0.06 | 66 | Energy |
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