Looking to diversify beyond TMV? The ETFs below have the lowest correlation with TMV — 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 TMV.
Best Diversifiers for TMV
1543 ETFs have low correlation with TMV (below 0.3), 1473 of which are negatively correlated. The least correlated is FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) (Corporate Bonds) with a 1Y correlation of -0.81, roughly unchanged from -0.79 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FlexShares Credit-Scored US Corporate Bond Index F... | -0.81 | -0.82 | -0.79 | 52 | Corporate Bonds | TMV vs SKOR | |
| Hartford Strategic Income ETF | -0.81 | -0.82 | -0.72 | 64 | Multisector Bonds | TMV vs HFSI | |
| Astoria Dynamic Core US Fixed Income ETF | -0.81 | — | — | 70 | Multisector Bonds | TMV vs AGGA | |
| First Trust TCW Securitized Plus ETF | -0.81 | -0.82 | -0.74 | 51 | Mortgage Backed Securities | TMV vs DEED | |
| Frontier Asset Core Bond ETF | -0.80 | -0.83 | -0.83 | 51 | Intermediate Core Bond | TMV vs FCBD |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TMV, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TMV and solid risk/return profiles. The least correlated is AGNC Investment Corp. (AGNC) (Real Estate) with a 1Y correlation of -0.34, roughly unchanged from -0.25 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| AGNC Investment Corp. | -0.34 | -0.38 | -0.25 | 83 | Real Estate | |
| Hilton Worldwide Holdings Inc. | -0.26 | -0.11 | -0.01 | 74 | Consumer Cyclical | |
| Johnson & Johnson | -0.18 | -0.15 | -0.12 | 97 | Healthcare | |
| Alphabet Inc. Class A | -0.15 | -0.07 | -0.04 | 96 | Communication Services | |
| Merck & Co., Inc. | -0.15 | -0.13 | -0.07 | 90 | Healthcare |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TMV
Add TMV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TMV