Looking to diversify beyond TMVE? The ETFs below have historically moved differently from TMVE, 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 TMVE
113 ETFs have low correlation with TMVE (below 0.3), 9 of which are negatively correlated. The least correlated is Invesco DB Oil Fund (DBO) (Oil & Gas) with a 1Y correlation of -0.27, roughly unchanged from -0.27 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Oil Fund | -0.27 | -0.27 | -0.27 | 58 | Oil & Gas | TMVE vs DBO | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | -0.05 | -0.05 | -0.05 | 52 | Leveraged Equities | TMVE vs GUSH | |
| VanEck CMCI Commodity Strategy ETF | -0.04 | -0.04 | -0.04 | 82 | Commodities | TMVE vs CMCI | |
| KFA Mount Lucas Index Strategy ETF | -0.04 | -0.04 | -0.04 | 61 | Systematic Trend | TMVE vs KMLM | |
| iShares U.S. Oil & Gas Exploration & Production ET... | -0.03 | -0.03 | -0.03 | 67 | Energy Equities | TMVE vs IEO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TMVE
Add TMVE to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TMVE