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
1 ETFs have low correlation with TTMI (below 0.3), 0 of which are negatively correlated. The least correlated is iShares MSCI Spain ETF (EWP) (Europe Equities) with a 1Y correlation of 0.26, roughly unchanged from 0.34 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares MSCI Spain ETF | 0.26 | 0.27 | 0.34 | 69 | Europe Equities | TTMI vs EWP | |
| State Street SPDR Dow Jones Industrial Average ETF... | 0.36 | 0.43 | 0.48 | 57 | Large Cap Blend Equities | TTMI vs DIA | |
| Global X Copper Miners ETF | 0.41 | 0.36 | 0.38 | 56 | Copper | TTMI vs COPX | |
| iShares MSCI South Korea ETF | 0.49 | 0.42 | 0.41 | 93 | Asia Pacific Equities | TTMI vs EWY | |
| Direxion Daily South Korea Bull 3X Shares | 0.53 | 0.47 | 0.46 | 94 | Leveraged Equities | TTMI vs KORU |
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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 Commercial International Bank (CIBEY) (Financial Services) with a 1Y correlation of 0.05, roughly unchanged from 0.09 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Commercial International Bank | 0.05 | 0.06 | 0.09 | 85 | Financial Services | |
| Mineralys Therapeutics Inc. Common Stock | 0.06 | 0.17 | 0.17 | 75 | Healthcare | |
| uniQure N.V. | 0.07 | 0.17 | 0.23 | 84 | Healthcare | |
| Stoke Therapeutics, Inc. | 0.07 | 0.18 | 0.23 | 92 | Healthcare | |
| Indivior PLC Ordinary Shares | 0.08 | 0.20 | 0.14 | 98 | Healthcare |
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