Looking to diversify beyond TSLL? The ETFs below have the lowest correlation with TSLL — 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 TSLL.
Best Diversifiers for TSLL
513 ETFs have low correlation with TSLL (below 0.3), 66 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.42 | — | — | 70 | Inverse Equities, Leveraged Equities | TSLL vs MSTZ | |
| ProShares Short Bitcoin ETF | -0.42 | -0.35 | — | 52 | Cryptocurrency | TSLL vs BITI | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.39 | — | — | 73 | Derivative Income | TSLL vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.16 | — | — | 98 | Inflation-Protected Bonds | TSLL vs IBIC | |
| Texas Capital Government Money Market ETF | -0.16 | — | — | 100 | Money Market | TSLL vs MMKT |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TSLL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSLL and solid risk/return profiles. The least correlated is The Coca-Cola Company (KO) (Consumer Defensive) with a 1Y correlation of -0.25, down from -0.12 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.25 | -0.12 | — | 84 | Consumer Defensive | |
| Chubb Limited | -0.24 | -0.08 | — | 82 | Financial Services | |
| Waste Management, Inc. | -0.23 | -0.06 | -0.00 | 56 | Industrials | |
| Altria Group, Inc. | -0.23 | -0.08 | -0.05 | 80 | Consumer Defensive | |
| Duke Energy Corporation | -0.21 | -0.13 | -0.07 | 64 | Utilities |
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