Looking to diversify beyond TMSL? The ETFs below have the lowest correlation with TMSL — 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 TMSL.
Best Diversifiers for TMSL
180 ETFs have low correlation with TMSL (below 0.3), 25 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.36 | -0.35 | 52 | Cryptocurrency | TMSL vs BITI | |
| Invesco DB Energy Fund | -0.24 | -0.05 | — | 57 | Oil & Gas | TMSL vs DBE | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.16 | 0.02 | — | 52 | Commodities | TMSL vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.15 | 0.03 | 0.04 | 54 | Commodities | TMSL vs GSG | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.13 | — | — | 98 | Inflation-Protected Bonds | TMSL vs IBIC |
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