Looking to diversify beyond TSDD? The ETFs below have the lowest correlation with TSDD — 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 TSDD.
Best Diversifiers for TSDD
1570 ETFs have low correlation with TSDD (below 0.3), 1540 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SoFi Social 50 ETF | -0.72 | — | — | 57 | Large Cap Growth Equities | TSDD vs SFYF | |
| Wahed FTSE USA Shariah ETF | -0.62 | — | — | 84 | Large Cap Growth Equities | TSDD vs HLAL | |
| NEOS Nasdaq-100 High Income ETF | -0.60 | — | — | 66 | Nasdaq-100, Derivative Income | TSDD vs QQQI | |
| Goldman Sachs Nasdaq-100 Core Premium Income ETF | -0.60 | — | — | 81 | Nasdaq-100, Dividend | TSDD vs GPIQ | |
| ProShares Nasdaq-100 High Income ETF | -0.60 | — | — | 67 | Nasdaq-100, Derivative Income, Dividend | TSDD vs IQQQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TSDD, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSDD and solid risk/return profiles. The least correlated is Tesla, Inc. (TSLA) (Consumer Cyclical) with a 1Y correlation of -1.00, roughly unchanged from -1.00 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tesla, Inc. | -1.00 | -1.00 | -1.00 | 59 | Consumer Cyclical |
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