Looking to diversify beyond TSMY? The ETFs below have the lowest correlation with TSMY — 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 TSMY.
Best Diversifiers for TSMY
472 ETFs have low correlation with TSMY (below 0.3), 101 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 | -0.27 | — | — | 98 | Inflation-Protected Bonds | TSMY vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.22 | — | — | 96 | Inflation-Protected Bonds | TSMY vs IBID | |
| Invesco DB Energy Fund | -0.22 | — | — | 71 | Oil & Gas | TSMY vs DBE | |
| United States Gasoline Fund LP | -0.21 | — | — | 71 | Oil & Gas | TSMY vs UGA | |
| United States Oil Fund LP | -0.20 | — | — | 66 | Oil & Gas | TSMY vs USO |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TSMY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSMY and solid risk/return profiles.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Cohen & Steers Infrastructure Fund, Inc | 0.23 | — | — | 64 | Financial Services | |
| Orchid Island Capital, Inc. | 0.28 | — | — | 66 | Real Estate | |
| Reaves Utility Income Trust | 0.34 | — | — | 79 | Financial Services | |
| Taiwan Semiconductor Manufacturing Company Limited | 0.98 | — | — | 95 | Technology |
Build a portfolio that complements TSMY
Add TSMY to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TSMY