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
1661 ETFs have low correlation with TSLZ (below 0.3), 1592 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SoFi Social 50 ETF | -0.71 | — | — | 66 | Large Cap Growth Equities | TSLZ vs SFYF | |
| Wahed FTSE USA Shariah ETF | -0.60 | — | — | 90 | Large Cap Growth Equities | TSLZ vs HLAL | |
| American Century Focused Dynamic Growth ETF | -0.59 | — | — | 52 | Global Equities | TSLZ vs FDG | |
| HCM Defender 100 Index ETF | -0.59 | — | — | 54 | Technology Equities | TSLZ vs QQH | |
| MicroSectors Solactive FANG & Innovation 3X Levera... | -0.59 | — | — | 81 | Leveraged Equities | TSLZ vs BULZ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TSLZ, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSLZ and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Tesla, Inc. | -1.00 | — | — | 55 | Consumer Cyclical |
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