Looking to diversify beyond TSMG? The ETFs below have the lowest correlation with TSMG — 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 TSMG.
Best Diversifiers for TSMG
475 ETFs have low correlation with TSMG (below 0.3), 109 of which are negatively correlated. The least correlated is Proshares Ultrashort Bitcoin ETF (SBIT) (Cryptocurrency) with a 1Y correlation of -0.33, roughly unchanged from -0.35 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Proshares Ultrashort Bitcoin ETF | -0.33 | -0.35 | -0.35 | 52 | Cryptocurrency, Leveraged Cryptocurrency | TSMG vs SBIT | |
| ProShares Short Bitcoin ETF | -0.32 | -0.34 | -0.34 | 57 | Cryptocurrency | TSMG vs BITI | |
| T-REX 2X Inverse MSTR Daily Target ETF | -0.29 | — | — | 68 | Inverse Equities, Leveraged Equities | TSMG vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.26 | — | — | 70 | Derivative Income | TSMG vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | TSMG vs IBIC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TSMG, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSMG and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Navitas Semiconductor Corporation | 0.36 | — | — | 77 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 1.00 | — | — | 92 | Technology |
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