Looking to balance out your exposure to TUSK? The ETFs below have historically moved differently from TUSK, 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 TUSK
1 ETFs have low correlation with TUSK (below 0.3), 0 of which are negatively correlated. The least correlated is Vanguard Total Stock Market ETF (VTI) (Large Cap Blend Equities) with a 1Y correlation of 0.19, roughly unchanged from 0.27 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF | 0.19 | 0.26 | 0.27 | 78 | Large Cap Blend Equities | TUSK vs VTI |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TUSK, 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 Berkshire Hathaway Inc. (BRK-B) (Financial Services) with a 1Y correlation of -0.04, down from 0.19 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Berkshire Hathaway Inc. | -0.04 | 0.15 | 0.19 | 61 | Financial Services | |
| Philip Morris International Inc. | -0.04 | 0.02 | 0.07 | 64 | Consumer Defensive | |
| Colgate-Palmolive Company | -0.01 | -0.04 | 0.01 | 57 | Consumer Defensive | |
| Verizon Communications Inc. | -0.00 | 0.07 | 0.08 | 66 | Communication Services | |
| United Parcel Service, Inc. | 0.06 | 0.16 | 0.17 | 77 | Industrials |
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