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
898 ETFs have low correlation with TLTX (below 0.3), 33 of which are negatively correlated. The least correlated is Strive U.S. Energy ETF (DRLL) (Energy Equities) with a 1Y correlation of -0.21, roughly unchanged from -0.21 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Strive U.S. Energy ETF | -0.21 | -0.21 | -0.21 | 55 | Energy Equities | TLTX vs DRLL | |
| Franklin Liberty Systematic Style Premia ETF | -0.19 | -0.19 | -0.19 | 53 | Long-Short | TLTX vs FLSP | |
| Direxion Daily Energy Bull 2X Shares | -0.18 | -0.18 | -0.18 | 61 | Leveraged Equities | TLTX vs ERX | |
| iShares Enhanced Short-Term Bond Active ETF | -0.17 | -0.17 | -0.17 | 100 | Ultrashort Bond | TLTX vs CSHP | |
| ProShares Ultra Oil & Gas | -0.17 | -0.17 | -0.17 | 61 | Leveraged Equities | TLTX vs DIG |
See all 1123 diversifiers for TLTX
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