Looking to diversify beyond TSLZ? The ETFs below have the lowest correlation with TSLZ — 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 TSLZ.
Best Diversifiers for TSLZ
1456 ETFs have low correlation with TSLZ (below 0.3), 1423 of which are negatively correlated. The least correlated is Wahed FTSE USA Shariah ETF (HLAL) (Large Cap Growth Equities) with a 1Y correlation of -0.62, roughly unchanged from -0.60 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Wahed FTSE USA Shariah ETF | -0.62 | -0.60 | -0.60 | 76 | Large Cap Growth Equities | TSLZ vs HLAL | |
| NEOS Nasdaq-100 High Income ETF | -0.60 | -0.60 | -0.60 | 53 | Nasdaq-100, Derivative Income | TSLZ vs QQQI | |
| Goldman Sachs Nasdaq-100 Core Premium Income ETF | -0.60 | -0.58 | -0.58 | 69 | Nasdaq-100, Dividend | TSLZ vs GPIQ | |
| ProShares Nasdaq-100 High Income ETF | -0.60 | -0.61 | -0.61 | 56 | Nasdaq-100, Derivative Income, Dividend | TSLZ vs IQQQ | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | -0.60 | -0.55 | -0.55 | 57 | Nasdaq-100, Options Trading, Dividend | TSLZ vs QQQY |
See all 1456 diversifiers for TSLZ
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Diversification Analysis
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