Looking to balance out your exposure to TLN? The ETFs below have the lowest correlation with TLN — they tend to move on their own, which can help reduce risk when TLN drops. The stock ideas table highlights individual companies that behave independently from TLN.
Best Diversifiers for TLN
1 ETFs have low correlation with TLN (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Ishares Lithium Miners And Producers ETF | 0.25 | — | — | 88 | Energy Equities | TLN vs ILIT | |
| YieldMax NVDA Option Income Strategy ETF | 0.37 | — | — | 52 | Derivative Income, Options Trading | TLN vs NVDY | |
| Columbia EM Core ex-China ETF | 0.41 | — | — | 90 | Emerging Markets Equities | TLN vs XCEM | |
| Vanguard S&P 500 ETF | 0.42 | 0.39 | 0.39 | 70 | S&P 500 | TLN vs VOO | |
| Invesco QQQ ETF | 0.42 | — | — | 73 | Nasdaq-100 | TLN vs QQQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TLN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TLN and solid risk/return profiles. The least correlated is Walmart Inc. (WMT) (Consumer Defensive) with a 1Y correlation of -0.19, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Walmart Inc. | -0.19 | 0.06 | 0.06 | 63 | Consumer Defensive | |
| Coca-Cola Consolidated, Inc. | -0.08 | 0.03 | 0.03 | 80 | Consumer Defensive | |
| Seaboard Corporation | -0.03 | — | — | 88 | Industrials | |
| Apple Inc | 0.05 | — | — | 89 | Technology | |
| Praxis Precision Medicines, Inc. | 0.06 | 0.13 | 0.13 | 98 | Healthcare |
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