Looking to diversify beyond TPSC? The ETFs below have the lowest correlation with TPSC — 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 TPSC.
Best Diversifiers for TPSC
178 ETFs have low correlation with TPSC (below 0.3), 29 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.31, roughly unchanged from -0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.31 | -0.31 | -0.34 | 57 | Cryptocurrency | TPSC vs BITI | |
| Invesco DB Energy Fund | -0.27 | -0.04 | 0.11 | 53 | Oil & Gas | TPSC vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.18 | 0.03 | 0.16 | 51 | Commodities | TPSC vs GSG | |
| iShares Enhanced Short-Term Bond Active ETF | -0.17 | — | — | 99 | Ultrashort Bond | TPSC vs CSHP | |
| Invesco DB Commodity Index Tracking Fund | -0.16 | 0.05 | 0.17 | 54 | Commodities | TPSC vs DBC |
See all 1138 diversifiers for TPSC
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements TPSC
Add TPSC to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TPSC