Looking to balance out your exposure to TMUS? The ETFs below have the lowest correlation with TMUS — they tend to move on their own, which can help reduce risk when TMUS drops. The stock ideas table highlights individual companies that behave independently from TMUS.
Best Diversifiers for TMUS
272 ETFs have low correlation with TMUS (below 0.3), 230 of which are negatively correlated. The least correlated is iShares Future AI & Tech ETF (ARTY) (Technology Equities) with a 1Y correlation of -0.32, down from 0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Future AI & Tech ETF | -0.32 | -0.08 | 0.12 | 90 | Technology Equities | TMUS vs ARTY | |
| iShares Semiconductor ETF | -0.31 | -0.08 | 0.11 | 97 | Semiconductors, Technology Equities | TMUS vs SOXX | |
| Global X Artificial Intelligence & Technology ETF | -0.30 | -0.05 | 0.15 | 81 | Technology Equities | TMUS vs AIQ | |
| State Street Technology Select Sector SPDR ETF | -0.29 | -0.03 | 0.17 | 83 | Technology Equities | TMUS vs XLK | |
| Fidelity Blue Chip Growth ETF | -0.29 | -0.03 | 0.16 | 57 | Large Cap Growth Equities | TMUS vs FBCG |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TMUS, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TMUS and solid risk/return profiles. The least correlated is Celestica Inc. (CLS) (Technology) with a 1Y correlation of -0.31, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Celestica Inc. | -0.31 | -0.12 | 0.06 | 94 | Technology | |
| Lam Research Corporation | -0.30 | -0.12 | 0.07 | 98 | Technology | |
| Micron Technology, Inc. | -0.30 | -0.13 | 0.03 | 99 | Technology | |
| Flex Ltd. | -0.29 | -0.09 | 0.10 | 98 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.28 | -0.12 | 0.02 | 95 | Technology |
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