Looking to diversify beyond TSPA? The ETFs below have the lowest correlation with TSPA — 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 TSPA.
Best Diversifiers for TSPA
279 ETFs have low correlation with TSPA (below 0.3), 72 of which are negatively correlated. The least correlated is Invesco DB Energy Fund (DBE) (Oil & Gas) with a 1Y correlation of -0.33, down from -0.09 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco DB Energy Fund | -0.33 | -0.09 | — | 71 | Oil & Gas | TSPA vs DBE | |
| United States Oil Fund LP | -0.32 | -0.07 | 0.07 | 66 | Oil & Gas | TSPA vs USO | |
| United States Brent Oil Fund LP | -0.31 | -0.06 | — | 65 | Oil & Gas | TSPA vs BNO | |
| Defiance Oil Enhanced Options Income ETF | -0.29 | -0.09 | -0.09 | 56 | Derivative Income | TSPA vs USOY | |
| ProShares K-1 Free Crude Oil Strategy ETF | -0.28 | -0.04 | — | 55 | Oil & Gas | TSPA vs OILK |
See all 1606 diversifiers for TSPA
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