Looking to balance out your exposure to TRIN? The ETFs below have historically moved differently from TRIN, 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 TRIN
28 ETFs have low correlation with TRIN (below 0.3), 3 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 -0.12, roughly unchanged from -0.03 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| F/m US Treasury 3 Month Bill ETF | -0.12 | -0.03 | — | 100 | Ultrashort Bond | TRIN vs TBIL | |
| FolioBeyond Alternative Income and Interest Rate H... | -0.11 | -0.06 | — | 51 | Nontraditional Bonds | TRIN vs RISR | |
| USCF Midstream Energy Income Fund ETF | -0.02 | 0.26 | 0.29 | 77 | Energy Equities | TRIN vs UMI | |
| First Trust Global Tactical Commodity Strategy Fun... | 0.00 | 0.07 | 0.09 | 86 | Commodities | TRIN vs FTGC | |
| Alerian MLP ETF | 0.06 | 0.27 | 0.28 | 67 | MLPs | TRIN vs AMLP |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TRIN, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Eli Lilly and Company (LLY) (Healthcare) with a 1Y correlation of -0.10, down from 0.09 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Eli Lilly and Company | -0.11 | 0.08 | 0.09 | 79 | Healthcare | |
| Altria Group, Inc. | -0.09 | 0.04 | 0.09 | 66 | Consumer Defensive | |
| Ventas, Inc. | -0.06 | 0.12 | 0.22 | 88 | Real Estate | |
| Chevron Corporation | -0.05 | 0.12 | 0.15 | 79 | Energy | |
| AbbVie Inc. | -0.04 | 0.17 | 0.11 | 76 | Healthcare |
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