Looking to diversify beyond TLH? The ETFs below have the lowest correlation with TLH — 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 TLH.
Best Diversifiers for TLH
1075 ETFs have low correlation with TLH (below 0.3), 61 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.43, roughly unchanged from -0.45 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.43 | -0.44 | -0.45 | 80 | Leveraged Currency | TLH vs YCS | |
| United States Gasoline Fund LP | -0.42 | -0.21 | -0.18 | 75 | Oil & Gas | TLH vs UGA | |
| Invesco DB US Dollar Index Bullish Fund | -0.41 | -0.35 | -0.28 | 50 | Currency | TLH vs UUP | |
| Fidelity Managed Futures ETF | -0.32 | — | — | 54 | Systematic Trend | TLH vs FFUT | |
| USCF SummerHaven Dynamic Commodity Strategy No K-1... | -0.31 | -0.13 | -0.11 | 61 | Commodities | TLH vs SDCI |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TLH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TLH and solid risk/return profiles. The least correlated is BHP Group Limited (BHP) (Basic Materials) with a 1Y correlation of 0.24, up from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| BHP Group Limited | 0.24 | 0.16 | 0.06 | 90 | Basic Materials |
Build a portfolio that complements TLH
Add TLH to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TLH