Looking to diversify beyond TMAT? The ETFs below have historically moved differently from TMAT, 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 TMAT
288 ETFs have low correlation with TMAT (below 0.3), 50 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.51, roughly unchanged from -0.49 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.51 | -0.49 | — | 61 | Cryptocurrency | TMAT vs BITI | |
| Alpha Architect Tail Risk ETF | -0.26 | -0.08 | — | 56 | Options Trading | TMAT vs CAOS | |
| iShares Core High Dividend ETF | -0.21 | 0.10 | 0.25 | 92 | Dividend, Large Cap Value Equities | TMAT vs HDV | |
| iShares U.S. Insurance ETF | -0.19 | 0.07 | 0.23 | 53 | Financials Equities | TMAT vs IAK | |
| FT Vest DJIA Dogs 10 Target Income ETF | -0.16 | 0.16 | — | 76 | Derivative Income | TMAT vs DOGG |
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