Looking to balance out your exposure to TOST? The ETFs below have the lowest correlation with TOST — they tend to move on their own, which can help reduce risk when TOST drops. The stock ideas table highlights individual companies that behave independently from TOST.
Best Diversifiers for TOST
2 ETFs have low correlation with TOST (below 0.3), 0 of which are negatively correlated. The least correlated is VanEck Rare Earth and Strategic Metals ETF (REMX) (Materials) with a 1Y correlation of 0.10, down from 0.26 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| VanEck Rare Earth and Strategic Metals ETF | 0.10 | 0.26 | — | 86 | Materials | TOST vs REMX | |
| ROBO Global Robotics & Automation Index ETF | 0.30 | 0.47 | — | 72 | Robotics, Technology Equities | TOST vs ROBO | |
| Invesco QQQ ETF | 0.31 | 0.44 | — | 74 | Nasdaq-100 | TOST vs QQQ | |
| Global X Artificial Intelligence & Technology ETF | 0.35 | 0.46 | — | 79 | Technology Equities | TOST vs AIQ | |
| NEOS S&P 500 High Income ETF | 0.35 | 0.49 | 0.50 | 75 | Derivative Income, S&P 500 | TOST vs SPYI |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TOST, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TOST and solid risk/return profiles. The least correlated is Baker Hughes Company (BKR) (Energy) with a 1Y correlation of -0.07, down from 0.18 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Baker Hughes Company | -0.07 | 0.18 | — | 91 | Energy | |
| Millicom International Cellular S.A. | -0.06 | 0.11 | — | 98 | Communication Services | |
| TechnipFMC plc | -0.06 | 0.16 | — | 97 | Energy | |
| Walmart Inc. | -0.05 | 0.12 | — | 66 | Consumer Defensive | |
| Corning Incorporated | -0.03 | 0.25 | — | 98 | Technology |
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Build a portfolio that complements TOST
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