Looking to diversify beyond TPRY? The ETFs below have the lowest correlation with TPRY — 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 TPRY.
Best Diversifiers for TPRY
117 ETFs have low correlation with TPRY (below 0.3), 35 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.33, roughly unchanged from -0.33 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.33 | -0.33 | -0.33 | 100 | Government Bonds, Ultrashort Bond | TPRY vs BIL | |
| Brookstone Ultra-Short Bond ETF | -0.32 | -0.32 | -0.32 | 99 | Ultrashort Bond | TPRY vs BAMU | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.30 | -0.30 | -0.30 | 70 | Large Cap Value Equities, Dividend | TPRY vs FDL | |
| Barclays ETN+ Select MLP ETN | -0.29 | -0.29 | -0.29 | 56 | MLPs | TPRY vs ATMP | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.25 | -0.25 | -0.25 | 96 | Inflation-Protected Bonds | TPRY vs IBID |
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