Looking to diversify beyond TMB? The ETFs below have the lowest correlation with TMB — 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 TMB.
Best Diversifiers for TMB
603 ETFs have low correlation with TMB (below 0.3), 86 of which are negatively correlated. The least correlated is iShares U.S. Energy ETF (IYE) (Energy Equities) with a 1Y correlation of -0.41, roughly unchanged from -0.41 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares U.S. Energy ETF | -0.41 | -0.41 | -0.41 | 60 | Energy Equities | TMB vs IYE | |
| Fidelity MSCI Energy Index ETF | -0.39 | -0.39 | -0.39 | 60 | Energy Equities | TMB vs FENY | |
| ProShares Ultra Oil & Gas | -0.38 | -0.38 | -0.38 | 53 | Leveraged Equities | TMB vs DIG | |
| iShares Global Energy ETF | -0.34 | -0.34 | -0.34 | 65 | Energy Equities | TMB vs IXC | |
| iShares Managed Futures Active ETF | -0.30 | -0.30 | -0.30 | 92 | Systematic Trend | TMB vs ISMF |
See all 1092 diversifiers for TMB
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