Looking to diversify beyond TMFM? The ETFs below have historically moved differently from TMFM, 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 TMFM
400 ETFs have low correlation with TMFM (below 0.3), 44 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.26, down from -0.12 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.26 | -0.12 | — | 72 | Oil & Gas | TMFM vs DBE | |
| Invesco DB Oil Fund | -0.24 | -0.09 | — | 58 | Oil & Gas | TMFM vs DBO | |
| United States Brent Oil Fund LP | -0.24 | -0.09 | — | 52 | Oil & Gas | TMFM vs BNO | |
| ProShares Short Bitcoin ETF | -0.23 | -0.24 | — | 61 | Cryptocurrency | TMFM vs BITI | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.19 | -0.04 | 0.05 | 67 | Commodities | TMFM vs GSG |
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