Looking to diversify beyond TMF? The ETFs below have historically moved differently from TMF, 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 TMF
1329 ETFs have low correlation with TMF (below 0.3), 124 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.42, down from -0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.42 | -0.24 | -0.18 | 72 | Oil & Gas | TMF vs DBE | |
| United States Oil Fund LP | -0.40 | -0.23 | -0.19 | 55 | Oil & Gas | TMF vs USO | |
| United States Gasoline Fund, LP | -0.40 | -0.21 | -0.16 | 87 | Oil & Gas | TMF vs UGA | |
| Invesco DB Oil Fund | -0.40 | -0.23 | -0.19 | 58 | Oil & Gas | TMF vs DBO | |
| United States Brent Oil Fund LP | -0.40 | -0.23 | -0.19 | 52 | Oil & Gas | TMF vs BNO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TMF, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is ConocoPhillips Company (COP) (Energy) with a 1Y correlation of -0.33, down from -0.15 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| ConocoPhillips Company | -0.33 | -0.14 | -0.15 | 72 | Energy | |
| BP p.l.c. | -0.29 | -0.14 | -0.16 | 84 | Energy | |
| Chevron Corporation | -0.29 | -0.11 | -0.13 | 80 | Energy | |
| Occidental Petroleum Corporation | -0.27 | -0.11 | -0.14 | 70 | Energy | |
| Exxon Mobil Corporation | -0.27 | -0.09 | -0.13 | 84 | Energy |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TMF
Add TMF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TMF