Looking to diversify beyond TRPA? The ETFs below have historically moved differently from TRPA, 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 TRPA
1264 ETFs have low correlation with TRPA (below 0.3), 92 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Breakwave Tanker Shipping ETF | -0.15 | — | — | 99 | Commodities | TRPA vs BWET | |
| ProShares Short Bitcoin ETF | -0.14 | — | — | 61 | Cryptocurrency | TRPA vs BITI | |
| iShares iBonds Dec 2025 Term Treasury ETF | -0.14 | — | — | 99 | Government Bonds | TRPA vs IBTF | |
| iShares Diversified Commodity Swap UCITS ETF | -0.14 | — | — | 56 | Commodities | TRPA vs ISCMF | |
| Invesco DB Energy Fund | -0.11 | — | — | 72 | Oil & Gas | TRPA vs DBE |
See all 1264 diversifiers for TRPA
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