Looking to balance out your exposure to TOL? The ETFs below have historically moved differently from TOL, 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 TOL
1 ETFs have low correlation with TOL (below 0.3), 0 of which are negatively correlated. The least correlated is GraniteShares 2x Long AAPL Daily ETF (AAPB) (Leveraged Equities) with a 1Y correlation of 0.24, roughly unchanged from 0.28 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long AAPL Daily ETF | 0.24 | 0.28 | — | 74 | Leveraged Equities | TOL vs AAPB | |
| Vanguard S&P 500 ETF | 0.42 | 0.51 | 0.58 | 68 | S&P 500 | TOL vs VOO | |
| State Street SPDR S&P 500 ETF | 0.42 | 0.51 | 0.58 | 67 | S&P 500 | TOL vs SPY |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TOL, 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 Chord Energy Corp (CHRD) (Energy) with a 1Y correlation of -0.24, down from 0.17 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chord Energy Corp | -0.24 | 0.07 | 0.17 | 69 | Energy | |
| Exxon Mobil Corporation | -0.20 | 0.06 | 0.12 | 84 | Energy | |
| YPF Sociedad Anónima | -0.08 | 0.14 | 0.19 | 76 | Energy | |
| Palo Alto Networks, Inc. | 0.01 | 0.13 | 0.24 | 88 | Technology | |
| Chubb Limited | 0.03 | 0.13 | 0.21 | 89 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TOL
Add TOL to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TOL