Looking to balance out your exposure to TRI? The ETFs below have the lowest correlation with TRI — they tend to move on their own, which can help reduce risk when TRI drops. The stock ideas table highlights individual companies that behave independently from TRI.
Best Diversifiers for TRI
7 ETFs have low correlation with TRI (below 0.3), 1 of which are negatively correlated. The least correlated is Vanguard FTSE Pacific ETF (VPL) (Asia Pacific Equities) with a 1Y correlation of -0.02, down from 0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard FTSE Pacific ETF | -0.02 | 0.21 | 0.31 | 68 | Asia Pacific Equities | TRI vs VPL | |
| Vanguard Short-Term Inflation-Protected Securities... | 0.03 | 0.09 | 0.13 | 89 | Inflation-Protected Bonds | TRI vs VTIP | |
| iShares iBoxx $ High Yield Corporate Bond ETF | 0.05 | 0.24 | 0.35 | 52 | High Yield Bonds | TRI vs HYG | |
| Vanguard S&P 500 ETF | 0.06 | 0.30 | 0.44 | 62 | S&P 500 | TRI vs VOO | |
| Fidelity Enhanced Large Cap Value ETF | 0.06 | 0.24 | 0.24 | 90 | Large Cap Value Equities | TRI vs FELV |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TRI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TRI and solid risk/return profiles. The least correlated is Intel Corporation (INTC) (Technology) with a 1Y correlation of -0.23, down from 0.15 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Intel Corporation | -0.23 | -0.00 | 0.15 | 98 | Technology | |
| SPX Corporation | -0.15 | 0.10 | 0.23 | 69 | Industrials | |
| NVIDIA Corporation | -0.14 | 0.12 | 0.27 | 64 | Technology | |
| The Coca-Cola Company | -0.13 | 0.09 | 0.20 | 80 | Consumer Defensive | |
| The TJX Companies, Inc. | -0.09 | 0.16 | 0.27 | 80 | Consumer Cyclical |
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Build a portfolio that complements TRI
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