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Looking to balance out your exposure to TMUS? The ETFs below have historically moved differently from TMUS, 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 TMUS

294 ETFs have low correlation with TMUS (below 0.3), 232 of which are negatively correlated. The least correlated is iShares Future AI & Tech ETF (ARTY) (Artificial Intelligence) with a 1Y correlation of -0.38, down from 0.09 over 5 years.

How candidates are selected

See all 298 diversifiers for TMUS

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Low-Correlation Stock Ideas

The table shows companies with at least $1B in market capitalization, historical correlation data for TMUS, 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 Lam Research Corporation (LRCX) (Technology) with a 1Y correlation of -0.37, down from 0.04 over 5 years.

How candidates are selected

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankSector
Lam Research Corporation-0.37-0.150.04
95
Technology
Applied Materials, Inc.-0.36-0.120.07
95
Technology
Micron Technology, Inc.-0.35-0.150.01
99
Technology
Taiwan Semiconductor Manufacturing Company Limited-0.35-0.150.00
88
Technology
Quanta Services, Inc.-0.34-0.060.10
87
Industrials
See all 394 low-correlation stocks for TMUS

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Diversification Analysis

Build a portfolio that complements TMUS

Add TMUS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

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