Looking to diversify beyond TSCM? The ETFs below have the lowest correlation with TSCM — 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 TSCM.
Best Diversifiers for TSCM
68 ETFs have low correlation with TSCM (below 0.3), 5 of which are negatively correlated. The least correlated is PIMCO Commodity Strategy Active Exchange-Traded Fund (CMDT) (Commodities) with a 1Y correlation of -0.12, roughly unchanged from -0.12 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| PIMCO Commodity Strategy Active Exchange-Traded Fu... | -0.12 | -0.12 | -0.12 | 50 | Commodities | TSCM vs CMDT | |
| TCW AAA CLO ETF | -0.07 | -0.07 | -0.07 | 99 | CLO | TSCM vs ACLO | |
| First Trust North American Energy Infrastructure F... | -0.06 | -0.06 | -0.06 | 70 | MLPs | TSCM vs EMLP | |
| Goldman Sachs Access Treasury 0-1 Year ETF | -0.05 | -0.05 | -0.05 | 100 | Government Bonds, Ultrashort Bond | TSCM vs GBIL | |
| FT Energy Income Partners Strategy ETF | -0.01 | -0.01 | -0.01 | 83 | Energy Equities | TSCM vs EIPX |
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