Looking to balance out your exposure to TPH? The ETFs below have the lowest correlation with TPH — they tend to move on their own, which can help reduce risk when TPH drops. The stock ideas table highlights individual companies that behave independently from TPH.
No Diversifiers Found for TPH
We do not have enough correlation history to rank diversifiers for this symbol yet.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TPH, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TPH and solid risk/return profiles. The least correlated is Cipher Mining Inc. (CIFR) (Financial Services) with a 1Y correlation of -0.01, down from 0.21 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cipher Mining Inc. | -0.01 | 0.21 | — | 96 | Financial Services | |
| Energy Transfer LP | -0.00 | 0.19 | 0.25 | 69 | Energy | |
| Seabridge Gold Inc. | 0.00 | 0.15 | 0.18 | 89 | Basic Materials | |
| First Majestic Silver Corp. | 0.03 | 0.15 | 0.19 | 87 | Basic Materials | |
| Silvercorp Metals Inc. | 0.04 | 0.14 | 0.19 | 91 | Basic Materials |
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