Looking to balance out your exposure to TTI? The ETFs below have the lowest correlation with TTI — they tend to move on their own, which can help reduce risk when TTI drops. The stock ideas table highlights individual companies that behave independently from TTI.
Best Diversifiers for TTI
0 ETFs have low correlation with TTI (below 0.3), 0 of which are negatively correlated. The least correlated is State Street Energy Select Sector SPDR ETF (XLE) (Energy Equities) with a 1Y correlation of 0.31, down from 0.62 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| State Street Energy Select Sector SPDR ETF | 0.31 | 0.51 | 0.62 | 63 | Energy Equities | TTI vs XLE |
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TTI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TTI and solid risk/return profiles. The least correlated is Enlight Renewable Energy Ltd. Ordinary Shares (ENLT) (Utilities) with a 1Y correlation of 0.07, roughly unchanged from 0.10 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Enlight Renewable Energy Ltd. Ordinary Shares | 0.07 | 0.10 | — | 99 | Utilities | |
| Elbit Systems Ltd | 0.14 | 0.10 | 0.13 | 88 | Industrials | |
| Bancolombia S.A. | 0.14 | 0.24 | 0.28 | 85 | Financial Services | |
| Inhibrx, Inc. | 0.15 | — | — | 98 | Healthcare | |
| Carpenter Technology Corporation | 0.16 | 0.28 | 0.37 | 88 | Industrials |
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