Looking to balance out your exposure to TRTX? The ETFs below have the lowest correlation with TRTX — they tend to move on their own, which can help reduce risk when TRTX drops. The stock ideas table highlights individual companies that behave independently from TRTX.
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 0.49 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | 0.34 | 0.41 | 0.49 | 66 | S&P 500 | TRTX vs VOO | |
| Vanguard Emerging Markets Government Bond ETF | 0.36 | 0.36 | 0.37 | 60 | Emerging Markets Bonds | TRTX vs VWOB |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TRTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TRTX and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.12, down from 0.26 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.12 | 0.14 | 0.26 | 70 | Energy | |
| Energy Transfer LP | -0.02 | 0.19 | 0.30 | 84 | Energy | |
| Vertiv Holdings Co. | 0.01 | 0.13 | 0.25 | 93 | Industrials | |
| NVIDIA Corporation | 0.03 | 0.13 | 0.24 | 65 | Technology | |
| Enterprise Products Partners L.P. | 0.08 | 0.23 | 0.32 | 87 | Energy |
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