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
73 ETFs have low correlation with TPRY (below 0.3), 28 of which are negatively correlated. The least correlated is Brookstone Ultra-Short Bond ETF (BAMU) (Ultrashort Bond) with a 1Y correlation of -0.37, roughly unchanged from -0.37 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Brookstone Ultra-Short Bond ETF | -0.37 | -0.37 | -0.37 | 98 | Ultrashort Bond | TPRY vs BAMU | |
| Alerian Energy Infrastructure ETF | -0.35 | -0.35 | -0.35 | 50 | Energy Equities | TPRY vs ENFR | |
| Bastion Energy ETF | -0.34 | -0.34 | -0.34 | 75 | Energy Equities | TPRY vs BESF | |
| Alpha Architect 1-3 Month Box ETF | -0.33 | -0.33 | -0.33 | 100 | Ultrashort Bond | TPRY vs BOXX | |
| Fidelity Managed Futures ETF | -0.33 | -0.33 | -0.33 | 64 | Systematic Trend | TPRY vs FFUT |
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