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
523 ETFs have low correlation with TSLL (below 0.3), 66 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.16, down from -0.02 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.16 | -0.02 | — | 66 | Oil & Gas | TSLL vs USO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.15 | — | — | 98 | Inflation-Protected Bonds | TSLL vs IBIC | |
| Defiance Oil Enhanced Options Income ETF | -0.15 | — | — | 56 | Derivative Income | TSLL vs USOY | |
| United States Brent Oil Fund LP | -0.15 | -0.01 | — | 65 | Oil & Gas | TSLL vs BNO | |
| Invesco DB Energy Fund | -0.15 | -0.02 | — | 71 | Oil & Gas | TSLL vs DBE |
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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 -0.18, roughly unchanged from -0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| The Coca-Cola Company | -0.18 | -0.09 | — | 66 | Consumer Defensive | |
| Chubb Limited | -0.17 | -0.06 | — | 51 | Financial Services | |
| Duke Energy Corporation | -0.15 | -0.11 | -0.05 | 53 | Utilities | |
| Altria Group, Inc. | -0.14 | -0.06 | -0.04 | 69 | Consumer Defensive | |
| Walmart Inc. | -0.09 | 0.11 | 0.13 | 63 | Consumer Defensive |
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