Looking to diversify beyond TSYW? The ETFs below have the lowest correlation with TSYW — 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 TSYW.
Best Diversifiers for TSYW
365 ETFs have low correlation with TSYW (below 0.3), 38 of which are negatively correlated. The least correlated is Fidelity Managed Futures ETF (FFUT) (Systematic Trend) with a 1Y correlation of -0.42, roughly unchanged from -0.42 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Fidelity Managed Futures ETF | -0.42 | -0.42 | -0.42 | 66 | Systematic Trend | TSYW vs FFUT | |
| First Trust Alternative Absolute Return Strategy E... | -0.35 | -0.35 | -0.35 | 67 | Commodities | TSYW vs FAAR | |
| iShares Bloomberg Roll Select Commodity Strategy E... | -0.32 | -0.32 | -0.32 | 52 | Commodities | TSYW vs CMDY | |
| First Trust Global Tactical Commodity Strategy Fun... | -0.32 | -0.32 | -0.32 | 74 | Commodities | TSYW vs FTGC | |
| abrdn Bloomberg All Commodity Longer Dated Strateg... | -0.31 | -0.31 | -0.31 | 53 | Commodities | TSYW vs BCD |
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