Looking to diversify beyond TOV? The ETFs below have the lowest correlation with TOV — 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 TOV.
Best Diversifiers for TOV
188 ETFs have low correlation with TOV (below 0.3), 31 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.47, roughly unchanged from -0.48 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.47 | -0.48 | -0.48 | 53 | Cryptocurrency | TOV vs BITI | |
| Invesco DB Energy Fund | -0.24 | — | — | 57 | Oil & Gas | TOV vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.21 | — | — | 98 | Inflation-Protected Bonds | TOV vs IBIC | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.14 | — | — | 52 | Commodities | TOV vs COMT | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.14 | — | — | 96 | Inflation-Protected Bonds | TOV vs IBID |
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