Looking to diversify beyond TLTP? The ETFs below have historically moved differently from TLTP, 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 TLTP
1294 ETFs have low correlation with TLTP (below 0.3), 116 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.43 | — | — | 72 | Oil & Gas | TLTP vs DBE | |
| United States Gasoline Fund LP | -0.40 | -0.27 | -0.27 | 87 | Oil & Gas | TLTP vs UGA | |
| United States Brent Oil Fund LP | -0.40 | — | — | 52 | Oil & Gas | TLTP vs BNO | |
| ProShares UltraShort Yen | -0.39 | — | — | 56 | Leveraged Currency | TLTP vs YCS | |
| United States Oil Fund LP | -0.39 | — | — | 55 | Oil & Gas | TLTP vs USO |
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