Looking to diversify beyond TLDR? The ETFs below have historically moved differently from TLDR, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for TLDR
1145 ETFs have low correlation with TLDR (below 0.3), 936 of which are negatively correlated. The least correlated is ProShares High Yield-Interest Rate Hedged (HYHG) (High Yield Bonds) with a 1Y correlation of -0.28, roughly unchanged from -0.28 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares High Yield-Interest Rate Hedged | -0.28 | -0.28 | -0.28 | 57 | High Yield Bonds | TLDR vs HYHG | |
| VanEck Oil Refiners ETF | -0.22 | -0.22 | -0.22 | 93 | Energy Equities | TLDR vs CRAK | |
| First Trust Health Care AlphaDEX Fund | -0.17 | -0.17 | -0.17 | 64 | Health & Biotech Equities | TLDR vs FXH | |
| Alternative Access First Priority CLO Bond ETF | -0.17 | -0.17 | -0.17 | 92 | CLO | TLDR vs AAA | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.16 | -0.16 | -0.16 | 85 | High Yield Bonds | TLDR vs IBHG |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TLDR
Add TLDR to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TLDR