Looking to diversify beyond TOLZ? The ETFs below have historically moved differently from TOLZ, 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 TOLZ
1050 ETFs have low correlation with TOLZ (below 0.3), 69 of which are negatively correlated. The least correlated is Fidelity Cloud Computing ETF (FCLD) (Technology Equities) with a 1Y correlation of -0.16, down from 0.32 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Cloud Computing ETF | -0.16 | 0.14 | 0.32 | 56 | Technology Equities, Cloud Computing | TOLZ vs FCLD | |
| iShares U.S. Technology ETF | -0.14 | 0.09 | 0.30 | 51 | Technology Equities | TOLZ vs IYW | |
| iShares Expanded Tech Sector ETF | -0.13 | 0.11 | 0.31 | 54 | Technology Equities | TOLZ vs IGM | |
| Fidelity MSCI Information Technology Index ETF | -0.12 | 0.11 | 0.32 | 52 | Technology Equities | TOLZ vs FTEC | |
| Roundhill Generative AI & Technology ETF | -0.12 | 0.11 | — | 66 | Artificial Intelligence, Technology Equities | TOLZ vs CHAT |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TOLZ, 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 BP p.l.c. (BP) (Energy) with a 1Y correlation of 0.32, roughly unchanged from 0.41 over 5 years.
How candidates are selectedBuild a portfolio that complements TOLZ
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