Looking to balance out your exposure to TSCFY? The ETFs below have the lowest correlation with TSCFY — they tend to move on their own, which can help reduce risk when TSCFY drops. The stock ideas table highlights individual companies that behave independently from TSCFY.
Best Diversifiers for TSCFY
1 ETFs have low correlation with TSCFY (below 0.3), 0 of which are negatively correlated. The least correlated is JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) (Nasdaq-100) with a 1Y correlation of 0.06, roughly unchanged from -0.00 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| JPMorgan Nasdaq Equity Premium Income ETF | 0.06 | -0.00 | — | 74 | Nasdaq-100, Derivative Income | TSCFY vs JEPQ |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TSCFY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSCFY and solid risk/return profiles. The least correlated is Standard Chartered PLC (SCBFY) (Financial Services) with a 1Y correlation of -0.00, roughly unchanged from -0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Standard Chartered PLC | -0.00 | -0.01 | -0.01 | 89 | Financial Services |
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