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
391 ETFs have low correlation with TSMY (below 0.3), 62 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 | -0.24 | — | — | 98 | Inflation-Protected Bonds | TSMY vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.23 | — | — | 95 | Inflation-Protected Bonds | TSMY vs IBID | |
| United States Gasoline Fund LP | -0.20 | — | — | 55 | Oil & Gas | TSMY vs UGA | |
| WisdomTree Floating Rate Treasury Fund | -0.19 | — | — | 100 | Government Bonds, Ultrashort Bond | TSMY vs USFR | |
| Texas Capital Government Money Market ETF | -0.16 | -0.06 | -0.06 | 100 | Money Market | TSMY vs MMKT |
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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 |
|---|---|---|---|---|---|---|
| Chubb Limited | -0.31 | — | — | 69 | Financial Services | |
| The Coca-Cola Company | -0.18 | — | — | 74 | Consumer Defensive | |
| JPMorgan Chase & Co. | 0.20 | — | — | 68 | Financial Services | |
| Cohen & Steers Infrastructure Fund, Inc | 0.22 | — | — | 67 | Financial Services | |
| Apple Inc | 0.23 | — | — | 87 | Technology |
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