Looking to diversify beyond TRUT? The ETFs below have the lowest correlation with TRUT — 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 TRUT.
Best Diversifiers for TRUT
242 ETFs have low correlation with TRUT (below 0.3), 38 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.44, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.44 | -0.44 | -0.44 | 53 | Cryptocurrency | TRUT vs BITI | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.29 | -0.29 | -0.29 | 73 | Large Cap Value Equities, Dividend | TRUT vs FDL | |
| FT Vest DJIA Dogs 10 Target Income ETF | -0.23 | -0.23 | -0.23 | 51 | Derivative Income | TRUT vs DOGG | |
| Alerian Energy Infrastructure ETF | -0.21 | -0.21 | -0.21 | 75 | Energy Equities | TRUT vs ENFR | |
| Barclays ETN+ Select MLP ETN | -0.21 | -0.21 | -0.21 | 60 | MLPs | TRUT vs ATMP |
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