Looking to diversify beyond TSME? The ETFs below have the lowest correlation with TSME — 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 TSME.
Best Diversifiers for TSME
174 ETFs have low correlation with TSME (below 0.3), 33 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.35, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.35 | -0.34 | -0.35 | 57 | Cryptocurrency | TSME vs BITI | |
| Invesco DB Energy Fund | -0.27 | -0.06 | — | 53 | Oil & Gas | TSME vs DBE | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.23 | — | — | 98 | Inflation-Protected Bonds | TSME vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.19 | — | — | 96 | Inflation-Protected Bonds | TSME vs IBID | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.16 | 0.02 | 0.10 | 51 | Commodities | TSME vs GSG |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TSME, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSME and solid risk/return profiles. The least correlated is Western Digital Corporation (WDC) (Technology) with a 1Y correlation of 0.49, roughly unchanged from 0.54 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Western Digital Corporation | 0.49 | 0.51 | 0.54 | 99 | Technology | |
| Ameresco, Inc. | 0.50 | 0.51 | — | 62 | Industrials | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.56 | 0.54 | — | 92 | Technology |
Build a portfolio that complements TSME
Add TSME to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TSME