Looking to diversify beyond TSEL? The ETFs below have historically moved differently from TSEL, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for TSEL
329 ETFs have low correlation with TSEL (below 0.3), 74 of which are negatively correlated.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | — | — | 61 | Cryptocurrency | TSEL vs BITI | |
| iShares Core High Dividend ETF | -0.31 | — | — | 92 | Dividend, Large Cap Value Equities | TSEL vs HDV | |
| Alpha Architect Tail Risk ETF | -0.29 | — | — | 56 | Options Trading | TSEL vs CAOS | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.26 | — | — | 92 | Large Cap Value Equities, Dividend | TSEL vs FDL | |
| Strive U.S. Energy ETF | -0.22 | — | — | 70 | Energy Equities | TSEL vs DRLL |
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