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
381 ETFs have low correlation with TSMX (below 0.3), 56 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.25 | — | — | 98 | Inflation-Protected Bonds | TSMX vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.23 | — | — | 95 | Inflation-Protected Bonds | TSMX vs IBID | |
| WisdomTree Floating Rate Treasury Fund | -0.19 | — | — | 100 | Government Bonds, Ultrashort Bond | TSMX vs USFR | |
| iShares 0-3 Month Treasury Bond ETF | -0.15 | — | — | 100 | Ultrashort Bond | TSMX vs SGOV | |
| Texas Capital Government Money Market ETF | -0.14 | -0.05 | -0.05 | 100 | Money Market | TSMX vs MMKT |
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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 |
|---|---|---|---|---|---|---|
| Advanced Micro Devices, Inc. | 0.53 | — | — | 97 | Technology | |
| Micron Technology, Inc. | 0.57 | — | — | 99 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | 1.00 | — | — | 95 | Technology |
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