Looking to diversify beyond TMAT? The ETFs below have the lowest correlation with TMAT — 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 TMAT.
Best Diversifiers for TMAT
242 ETFs have low correlation with TMAT (below 0.3), 39 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.49, roughly unchanged from -0.50 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.49 | -0.49 | -0.50 | 57 | Cryptocurrency | TMAT vs BITI | |
| Invesco DB Energy Fund | -0.17 | -0.02 | 0.07 | 53 | Oil & Gas | TMAT vs DBE | |
| Brookstone Ultra-Short Bond ETF | -0.16 | — | — | 99 | Ultrashort Bond | TMAT vs BAMU | |
| iShares Core High Dividend ETF | -0.15 | 0.13 | 0.27 | 78 | Dividend, Large Cap Value Equities | TMAT vs HDV | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 96 | Inflation-Protected Bonds | TMAT vs IBID |
See all 1136 diversifiers for TMAT
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