Looking to diversify beyond TSMX? The ETFs below have the lowest correlation with TSMX — 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 TSMX.
Best Diversifiers for TSMX
452 ETFs have low correlation with TSMX (below 0.3), 91 of which are negatively correlated. The least correlated is T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) (Inverse Equities) with a 1Y correlation of -0.30, roughly unchanged from -0.30 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | -0.30 | -0.30 | -0.30 | 60 | Inverse Equities, Leveraged Equities | TSMX vs MSTZ | |
| YieldMax Short MSTR Option Income Strategy ETF | -0.27 | -0.31 | -0.31 | 65 | Derivative Income | TSMX vs WNTR | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.22 | — | — | 98 | Inflation-Protected Bonds | TSMX vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.22 | — | — | 96 | Inflation-Protected Bonds | TSMX vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.21 | — | — | 100 | Government Bonds, Ultrashort Bond | TSMX vs USFR |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TSMX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSMX and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Marvell Technology, Inc. | 0.50 | — | — | 95 | Technology | |
| Advanced Micro Devices, Inc. | 0.55 | 0.58 | 0.58 | 97 | Technology | |
| Micron Technology, Inc. | 0.58 | — | — | 99 | Technology | |
| NVIDIA Corporation | 0.59 | — | — | 69 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 1.00 | — | — | 93 | Technology |
Build a portfolio that complements TSMX
Add TSMX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TSMX