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
269 ETFs have low correlation with TMUS (below 0.3), 216 of which are negatively correlated. The least correlated is iShares Future AI & Tech ETF (ARTY) (Technology Equities) with a 1Y correlation of -0.37, down from 0.11 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Future AI & Tech ETF | -0.37 | -0.11 | 0.11 | 75 | Technology Equities | TMUS vs ARTY | |
| Global X Artificial Intelligence & Technology ETF | -0.36 | -0.08 | 0.13 | 57 | Technology Equities | TMUS vs AIQ | |
| Invesco AI and Next Gen Software ETF | -0.36 | -0.09 | 0.13 | 92 | Technology Equities | TMUS vs IGPT | |
| VistaShares Artificial Intelligence Supercycle ETF | -0.35 | — | — | 95 | Technology Equities | TMUS vs AIS | |
| Invesco Dorsey Wright Technology Momentum ETF | -0.35 | -0.08 | 0.11 | 63 | Momentum, Technology Equities | TMUS vs PTF |
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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 Lam Research Corporation (LRCX) (Technology) with a 1Y correlation of -0.35, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Lam Research Corporation | -0.35 | -0.14 | 0.05 | 97 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.33 | -0.14 | 0.01 | 92 | Technology | |
| Comfort Systems USA, Inc. | -0.32 | -0.09 | 0.07 | 98 | Industrials | |
| Applied Materials, Inc. | -0.32 | -0.11 | 0.08 | 97 | Technology | |
| Quanta Services, Inc. | -0.32 | -0.05 | 0.11 | 89 | Industrials |
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Build a portfolio that complements TMUS
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