Looking to diversify beyond TSEL? The ETFs below have the lowest correlation with TSEL — 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 TSEL.
Best Diversifiers for TSEL
280 ETFs have low correlation with TSEL (below 0.3), 56 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.42 | -0.42 | 57 | Cryptocurrency | TSEL vs BITI | |
| iShares Core High Dividend ETF | -0.27 | — | — | 78 | Dividend, Large Cap Value Equities | TSEL vs HDV | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.22 | — | — | 76 | Large Cap Value Equities, Dividend | TSEL vs FDL | |
| VanEck Energy Income ETF | -0.20 | — | — | 81 | Energy Equities | TSEL vs EINC | |
| First Trust Utilities AlphaDEX Fund | -0.20 | -0.03 | -0.03 | 52 | Utilities Equities | TSEL vs FXU |
See all 1131 diversifiers for TSEL
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