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
273 ETFs have low correlation with TSYW (below 0.3), 29 of which are negatively correlated. The least correlated is Alerian Energy Infrastructure ETF (ENFR) (Energy Equities) with a 1Y correlation of -0.23, roughly unchanged from -0.23 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Alerian Energy Infrastructure ETF | -0.23 | -0.23 | -0.23 | 50 | Energy Equities | TSYW vs ENFR | |
| Global X 1-3 Month T-Bill ETF | -0.20 | -0.20 | -0.20 | 100 | Ultrashort Bond | TSYW vs CLIP | |
| VanEck Energy Income ETF | -0.16 | -0.16 | -0.16 | 57 | Energy Equities | TSYW vs EINC | |
| Invesco Managed Futures Strategy ETF | -0.16 | -0.16 | -0.16 | 73 | Systematic Trend | TSYW vs IMF | |
| First Trust Managed Futures Strategy Fund | -0.14 | -0.14 | -0.14 | 75 | Hedge Fund | TSYW vs FMF |
See all 1114 diversifiers for TSYW
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