Looking to balance out your exposure to TTD? The ETFs below have historically moved differently from TTD, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for TTD
30 ETFs have low correlation with TTD (below 0.3), 4 of which are negatively correlated. The least correlated is Invesco Variable Rate Investment Grade ETF (VRIG) (Ultrashort Bond) with a 1Y correlation of -0.07, down from 0.06 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Invesco Variable Rate Investment Grade ETF | -0.07 | 0.03 | 0.06 | 99 | Ultrashort Bond, Investment Grade Bonds | TTD vs VRIG | |
| iShares Global Infrastructure ETF | -0.04 | 0.14 | 0.26 | 69 | Infrastructure Equities, Industrials Equities | TTD vs IGF | |
| WisdomTree Japan Opportunities ETF | -0.02 | 0.14 | 0.24 | 92 | Japan Equities, Asia Pacific Equities | TTD vs OPPJ | |
| ProShares Ultra Semiconductors | -0.01 | 0.28 | 0.46 | 52 | Leveraged Equities, Semiconductors | TTD vs USD | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.01 | 0.29 | 0.45 | 90 | Leveraged Equities, Semiconductors | TTD vs SOXL |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TTD, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is Howmet Aerospace Inc. (HWM) (Industrials) with a 1Y correlation of -0.15, down from 0.25 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Howmet Aerospace Inc. | -0.15 | 0.13 | 0.25 | 90 | Industrials | |
| Quanta Services, Inc. | -0.14 | 0.19 | 0.28 | 85 | Industrials | |
| Comfort Systems USA, Inc. | -0.13 | 0.19 | 0.26 | 95 | Industrials | |
| Corning Incorporated | -0.10 | 0.11 | 0.25 | 86 | Technology | |
| nVent Electric plc | -0.10 | 0.19 | 0.27 | 91 | Industrials |
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