Looking to balance out your exposure to TRTX? The ETFs below have historically moved differently from TRTX, 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 TRTX
0 ETFs have low correlation with TRTX (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard S&P 500 ETF (VOO) (S&P 500) with a 1Y correlation of 0.34, down from 0.48 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.34 | 0.41 | 0.48 | 68 | S&P 500 | TRTX vs VOO | |
| Schwab US REIT ETF | 0.47 | 0.51 | 0.52 | 63 | REIT | TRTX vs SCHH |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TRTX, 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 Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.13, down from 0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.13 | 0.13 | 0.25 | 80 | Energy | |
| Energy Transfer LP | -0.06 | 0.16 | 0.26 | 81 | Energy | |
| Vertiv Holdings Co. | 0.01 | 0.12 | 0.25 | 76 | Industrials | |
| Enterprise Products Partners L.P. | 0.01 | 0.21 | 0.29 | 89 | Energy | |
| NVIDIA Corporation | 0.07 | 0.13 | 0.24 | 56 | Technology |
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