Looking to balance out your exposure to TTMI? The ETFs below have the lowest correlation with TTMI — they tend to move on their own, which can help reduce risk when TTMI drops. The stock ideas table highlights individual companies that behave independently from TTMI.
Best Diversifiers for TTMI
3 ETFs have low correlation with TTMI (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 -0.02, roughly unchanged from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.02 | 0.01 | 0.01 | 100 | Government Bonds, Ultrashort Bond | TTMI vs BIL | |
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 0.00 | 0.10 | 0.10 | 55 | Leveraged Equities | TTMI vs NRGU | |
| iShares MSCI Spain ETF | 0.26 | 0.26 | 0.34 | 80 | Europe Equities | TTMI vs EWP | |
| State Street SPDR Dow Jones Industrial Average ETF... | 0.34 | 0.41 | 0.48 | 60 | Large Cap Blend Equities | TTMI vs DIA | |
| GraniteShares 2x Long DELL Daily ETF | 0.36 | 0.43 | 0.43 | 94 | Leveraged Equities | TTMI vs DLLL |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TTMI, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TTMI and solid risk/return profiles. The least correlated is Mineralys Therapeutics Inc. Common Stock (MLYS) (Healthcare) with a 1Y correlation of 0.00, down from 0.16 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Mineralys Therapeutics Inc. Common Stock | 0.00 | 0.16 | — | 78 | Healthcare | |
| Lockheed Martin Corporation | 0.01 | -0.02 | 0.07 | 56 | Industrials | |
| Sirius XM Holdings Inc. | 0.03 | 0.21 | 0.25 | 78 | Communication Services | |
| NextEra Energy, Inc. | 0.05 | 0.09 | 0.18 | 73 | Utilities | |
| Commercial International Bank | 0.06 | 0.06 | 0.10 | 83 | Financial Services |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TTMI
Add TTMI to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TTMI