Looking to diversify beyond TOAK? The ETFs below have the lowest correlation with TOAK — 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 TOAK.
Best Diversifiers for TOAK
1051 ETFs have low correlation with TOAK (below 0.3), 155 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Simplify Currency Strategy ETF | -0.15 | — | — | 78 | Leveraged Currency | TOAK vs FOXY | |
| First Trust Ultra Short Duration Municipal ETF | -0.12 | — | — | 96 | Municipal Bonds, Ultrashort Bond | TOAK vs FUMB | |
| Capital Group Municipal Income ETF | -0.10 | — | — | 75 | Municipal Bonds | TOAK vs CGMU | |
| Bastion Energy ETF | -0.10 | — | — | 84 | Energy Equities | TOAK vs BESF | |
| Capital Group Municipal High-Income ETF | -0.10 | — | — | 86 | High Yield Muni | TOAK vs CGHM |
See all 1051 diversifiers for TOAK
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Diversification Analysis
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