Looking to diversify beyond TRND? The ETFs below have the lowest correlation with TRND — 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 TRND.
Best Diversifiers for TRND
167 ETFs have low correlation with TRND (below 0.3), 40 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.34, down from 0.05 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.34 | -0.09 | 0.05 | 71 | Oil & Gas | TRND vs DBE | |
| United States Brent Oil Fund LP | -0.32 | -0.08 | 0.04 | 65 | Oil & Gas | TRND vs BNO | |
| Invesco DB Oil Fund | -0.30 | -0.06 | 0.06 | 65 | Oil & Gas | TRND vs DBO | |
| iShares Commodities Select Strategy ETF | -0.23 | 0.01 | 0.11 | 72 | Commodities | TRND vs COMT | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.23 | 0.01 | 0.11 | 72 | Commodities | TRND vs GSG |
See all 1228 diversifiers for TRND
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements TRND
Add TRND to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TRND