Looking to diversify beyond TMAR? The ETFs below have the lowest correlation with TMAR — 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 TMAR.
Best Diversifiers for TMAR
234 ETFs have low correlation with TMAR (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.41, roughly unchanged from -0.40 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.41 | -0.40 | -0.40 | 53 | Cryptocurrency | TMAR vs BITI | |
| Invesco DB Energy Fund | -0.21 | — | — | 57 | Oil & Gas | TMAR vs DBE | |
| VanEck Energy Income ETF | -0.15 | — | — | 80 | Energy Equities | TMAR vs EINC | |
| Barclays ETN+ Select MLP ETN | -0.14 | -0.01 | -0.01 | 60 | MLPs | TMAR vs ATMP | |
| Alerian Energy Infrastructure ETF | -0.14 | — | — | 75 | Energy Equities | TMAR vs ENFR |
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