Looking to diversify beyond TMDV? The ETFs below have the lowest correlation with TMDV — 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 TMDV.
Best Diversifiers for TMDV
399 ETFs have low correlation with TMDV (below 0.3), 21 of which are negatively correlated. The least correlated is First Trust Alternative Absolute Return Strategy ETF (FAAR) (Commodities) with a 1Y correlation of -0.13, down from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Alternative Absolute Return Strategy E... | -0.13 | -0.04 | -0.01 | 70 | Commodities | TMDV vs FAAR | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.11 | 0.01 | 0.13 | 53 | Commodities | TMDV vs FTGC | |
| SPDR Bloomberg Enhanced Roll Yield Commodity Strat... | -0.11 | — | — | 50 | Commodities | TMDV vs CERY | |
| Direxion Auspice Broad Commodity Strategy ETF | -0.08 | 0.04 | 0.08 | 54 | Commodities | TMDV vs COM | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.08 | — | — | 98 | Inflation-Protected Bonds | TMDV vs IBIC |
See all 1148 diversifiers for TMDV
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