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
187 ETFs have low correlation with TSME (below 0.3), 34 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.33, down from -0.05 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | -0.05 | — | 71 | Oil & Gas | TSME vs DBE | |
| United States Brent Oil Fund LP | -0.28 | -0.03 | 0.03 | 65 | Oil & Gas | TSME vs BNO | |
| Invesco DB Oil Fund | -0.28 | -0.02 | — | 65 | Oil & Gas | TSME vs DBO | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | — | — | 98 | Inflation-Protected Bonds | TSME vs IBIC | |
| iShares Commodities Select Strategy ETF | -0.23 | 0.02 | — | 72 | Commodities | TSME vs COMT |
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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 Ameresco, Inc. (AMRC) (Industrials) with a 1Y correlation of 0.47, roughly unchanged from 0.50 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Ameresco, Inc. | 0.47 | 0.50 | — | 86 | Industrials | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.52 | 0.52 | — | 95 | Technology |
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