Looking to balance out your exposure to TSUKY? The ETFs below have the lowest correlation with TSUKY — they tend to move on their own, which can help reduce risk when TSUKY drops. The stock ideas table highlights individual companies that behave independently from TSUKY.
Best Diversifiers for TSUKY
4 ETFs have low correlation with TSUKY (below 0.3), 2 of which are negatively correlated. The least correlated is iShares 0-3 Month Treasury Bond ETF (SGOV) (Ultrashort Bond) with a 1Y correlation of -0.12, roughly unchanged from -0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | -0.12 | -0.02 | -0.02 | 100 | Ultrashort Bond | TSUKY vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.08 | -0.05 | -0.01 | 100 | Government Bonds, Ultrashort Bond | TSUKY vs BIL | |
| iMGP DBi Managed Futures Strategy ETF | 0.06 | 0.07 | 0.00 | 86 | Systematic Trend | TSUKY vs DBMF | |
| Vanguard S&P 500 ETF | 0.15 | 0.10 | 0.06 | 59 | S&P 500 | TSUKY vs VOO |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TSUKY, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TSUKY and solid risk/return profiles. The least correlated is Alphabet Inc. Class A (GOOGL) (Communication Services) with a 1Y correlation of 0.03, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Alphabet Inc. Class A | 0.03 | 0.04 | 0.02 | 95 | Communication Services | |
| Apple Inc | 0.06 | 0.04 | 0.02 | 93 | Technology | |
| Dollar General Corporation | 0.09 | 0.03 | 0.02 | 58 | Consumer Defensive | |
| Shoprite Holdings Ltd ADR | 0.16 | 0.06 | 0.07 | 63 | Consumer Cyclical |
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