Looking to diversify beyond TMH? The ETFs below have the lowest correlation with TMH — 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 TMH.
Best Diversifiers for TMH
194 ETFs have low correlation with TMH (below 0.3), 54 of which are negatively correlated. The least correlated is Bastion Energy ETF (BESF) (Energy Equities) with a 1Y correlation of -0.39, roughly unchanged from -0.39 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Bastion Energy ETF | -0.39 | -0.39 | -0.39 | 81 | Energy Equities | TMH vs BESF | |
| First Trust New York High Income Municipal ETF | -0.39 | -0.39 | -0.39 | 72 | Municipal Bonds | TMH vs FMNY | |
| Global X 1-3 Month T-Bill ETF | -0.39 | -0.39 | -0.39 | 100 | Ultrashort Bond | TMH vs CLIP | |
| iShares iBonds Dec 2026 Term Treasury ETF | -0.37 | -0.37 | -0.37 | 99 | Government Bonds | TMH vs IBTG | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | -0.37 | -0.37 | -0.37 | 82 | Nontraditional Bonds | TMH vs AGZD |
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