Looking to diversify beyond TPIF? The ETFs below have historically moved differently from TPIF, 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 TPIF
136 ETFs have low correlation with TPIF (below 0.3), 37 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, down from -0.29 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.29 | — | 61 | Cryptocurrency | TPIF vs BITI | |
| Invesco DB Energy Fund | -0.31 | -0.08 | 0.08 | 72 | Oil & Gas | TPIF vs DBE | |
| United States Brent Oil Fund LP | -0.30 | -0.07 | 0.08 | 52 | Oil & Gas | TPIF vs BNO | |
| Alpha Architect Tail Risk ETF | -0.29 | -0.05 | — | 56 | Options Trading | TPIF vs CAOS | |
| Invesco DB Oil Fund | -0.26 | -0.05 | 0.10 | 58 | Oil & Gas | TPIF vs DBO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TPIF
Add TPIF to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TPIF