Looking to diversify beyond TSLP? The ETFs below have the lowest correlation with TSLP — 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 TSLP.
Best Diversifiers for TSLP
491 ETFs have low correlation with TSLP (below 0.3), 61 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.17 | — | — | 98 | Inflation-Protected Bonds | TSLP vs IBIC | |
| United States Oil Fund LP | -0.16 | — | — | 66 | Oil & Gas | TSLP vs USO | |
| Defiance Oil Enhanced Options Income ETF | -0.14 | — | — | 56 | Derivative Income | TSLP vs USOY | |
| United States Brent Oil Fund LP | -0.14 | — | — | 65 | Oil & Gas | TSLP vs BNO | |
| Invesco DB Energy Fund | -0.13 | — | — | 71 | Oil & Gas | TSLP vs DBE |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TSLP, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSLP and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enterprise Products Partners L.P. | -0.09 | — | — | 85 | Energy | |
| Tesla, Inc. | 0.98 | — | — | 55 | Consumer Cyclical |
Build a portfolio that complements TSLP
Add TSLP to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TSLP