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
2 ETFs have low correlation with TTMI (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 0.01 | — | — | 58 | Leveraged Equities | TTMI vs NRGU | |
| iShares MSCI Spain ETF | 0.26 | 0.27 | 0.34 | 55 | Europe Equities | TTMI vs EWP | |
| Global X Copper Miners ETF | 0.39 | 0.35 | 0.37 | 75 | Materials | TTMI vs COPX | |
| Defiance Daily Target 2X Long AVGO ETF | 0.49 | 0.51 | 0.51 | 50 | Leveraged Equities | TTMI vs AVGX | |
| iShares MSCI South Korea ETF | 0.49 | 0.45 | 0.45 | 96 | Asia Pacific Equities | TTMI vs EWY |
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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 | 0.05 | 0.09 | 82 | Financial Services | |
| uniQure N.V. | 0.05 | 0.16 | 0.23 | 71 | Healthcare | |
| Stoke Therapeutics, Inc. | 0.08 | 0.18 | 0.23 | 91 | Healthcare | |
| Mineralys Therapeutics Inc. Common Stock | 0.08 | 0.18 | — | 67 | Healthcare | |
| Palo Alto Networks, Inc. | 0.09 | 0.19 | 0.23 | 67 | Technology |
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