Looking to balance out your exposure to TT? The ETFs below have the lowest correlation with TT — they tend to move on their own, which can help reduce risk when TT drops. The stock ideas table highlights individual companies that behave independently from TT.
Best Diversifiers for TT
2 ETFs have low correlation with TT (below 0.3), 1 of which are negatively correlated. The least correlated is SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) (Government Bonds) with a 1Y correlation of -0.06, roughly unchanged from 0.02 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.06 | -0.05 | 0.02 | 100 | Government Bonds, Ultrashort Bond | TT vs BIL | |
| Schwab U.S. Dividend Equity ETF | 0.24 | 0.33 | 0.49 | 91 | Dividend | TT vs SCHD | |
| ProShares Ultra Semiconductors | 0.42 | 0.46 | 0.49 | 60 | Leveraged Equities, Semiconductors | TT vs USD | |
| Roundhill Generative AI & Technology ETF | 0.42 | 0.48 | — | 74 | Technology Equities | TT vs CHAT | |
| Invesco QQQ ETF | 0.42 | 0.52 | 0.55 | 53 | Nasdaq-100 | TT vs QQQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TT, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TT and solid risk/return profiles. The least correlated is Murphy USA Inc. (MUSA) (Consumer Cyclical) with a 1Y correlation of -0.16, down from 0.17 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Murphy USA Inc. | -0.16 | 0.05 | 0.17 | 76 | Consumer Cyclical | |
| Cboe Global Markets, Inc. | -0.15 | -0.09 | 0.08 | 60 | Financial Services | |
| Colgate-Palmolive Company | -0.10 | 0.04 | 0.19 | 56 | Consumer Defensive | |
| Fortis Inc | -0.10 | 0.10 | 0.20 | 91 | Utilities | |
| The J. M. Smucker Company | -0.09 | -0.01 | 0.08 | 55 | Consumer Defensive |
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Build a portfolio that complements TT
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