Looking to diversify beyond TPRY? The ETFs below have historically moved differently from TPRY, 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 TPRY
195 ETFs have low correlation with TPRY (below 0.3), 54 of which are negatively correlated. The least correlated is Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH) (Leveraged Equities) with a 1Y correlation of -0.36, roughly unchanged from -0.36 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Direxion Daily S&P Oil & Gas Exploration & Product... | -0.36 | -0.36 | -0.36 | 52 | Leveraged Equities | TPRY vs GUSH | |
| United States Brent Oil Fund LP | -0.33 | -0.33 | -0.33 | 52 | Oil & Gas | TPRY vs BNO | |
| iShares U.S. Energy ETF | -0.30 | -0.30 | -0.30 | 75 | Energy Equities | TPRY vs IYE | |
| iShares U.S. Insurance ETF | -0.30 | -0.30 | -0.30 | 53 | Financials Equities | TPRY vs IAK | |
| Alerian Energy Infrastructure ETF | -0.29 | -0.29 | -0.29 | 79 | Infrastructure Equities, Energy Equities | TPRY vs ENFR |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TPRY
Add TPRY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TPRY