Looking to diversify beyond TLTX? The ETFs below have the lowest correlation with TLTX — 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 TLTX.
Best Diversifiers for TLTX
719 ETFs have low correlation with TLTX (below 0.3), 17 of which are negatively correlated. The least correlated is First Trust Multi-Strategy Alternative ETF (LALT) (Global Allocation) with a 1Y correlation of -0.12, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Multi-Strategy Alternative ETF | -0.12 | -0.12 | -0.12 | 90 | Global Allocation | TLTX vs LALT | |
| Alerian Energy Infrastructure ETF | -0.10 | -0.10 | -0.10 | 55 | Energy Equities | TLTX vs ENFR | |
| VanEck Energy Income ETF | -0.07 | -0.07 | -0.07 | 62 | Energy Equities | TLTX vs EINC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.07 | -0.07 | -0.07 | 96 | Inflation-Protected Bonds | TLTX vs IBID | |
| First Trust Managed Futures Strategy Fund | -0.06 | -0.06 | -0.06 | 68 | Hedge Fund | TLTX vs FMF |
See all 1022 diversifiers for TLTX
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements TLTX
Add TLTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TLTX