Looking to balance out your exposure to TRIN? The ETFs below have the lowest correlation with TRIN — they tend to move on their own, which can help reduce risk when TRIN drops. The stock ideas table highlights individual companies that behave independently from TRIN.
Best Diversifiers for TRIN
15 ETFs have low correlation with TRIN (below 0.3), 1 of which are negatively correlated. The least correlated is F/m US Treasury 3 Month Bill ETF (TBIL) (Ultrashort Bond) with a 1Y correlation of -0.13, roughly unchanged from -0.04 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m US Treasury 3 Month Bill ETF | -0.13 | -0.04 | — | 100 | Ultrashort Bond | TRIN vs TBIL | |
| First Trust Global Tactical Commodity Strategy Fun... | 0.03 | 0.08 | 0.11 | 55 | Commodities | TRIN vs FTGC | |
| iShares AAA CLO Active ETF | 0.08 | 0.06 | — | 99 | CLO | TRIN vs CLOA | |
| PGIM AAA CLO ETF | 0.08 | — | — | 99 | CLO | TRIN vs PAAA | |
| iShares 0-5 Year TIPS Bond ETF | 0.09 | 0.07 | 0.10 | 85 | Inflation-Protected Bonds | TRIN vs STIP |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TRIN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TRIN and solid risk/return profiles. The least correlated is Altria Group, Inc. (MO) (Consumer Defensive) with a 1Y correlation of -0.08, down from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Altria Group, Inc. | -0.08 | 0.04 | 0.09 | 72 | Consumer Defensive | |
| Verizon Communications Inc. | -0.04 | 0.07 | 0.12 | 66 | Communication Services | |
| Chevron Corporation | -0.02 | 0.14 | 0.18 | 70 | Energy | |
| AbbVie Inc. | -0.01 | 0.15 | 0.12 | 75 | Healthcare | |
| Vista Oil & Gas, S.A.B. de C.V. | 0.03 | 0.15 | 0.17 | 63 | Energy |
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Build a portfolio that complements TRIN
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