Looking to balance out your exposure to TVTX? The ETFs below have the lowest correlation with TVTX — they tend to move on their own, which can help reduce risk when TVTX drops. The stock ideas table highlights individual companies that behave independently from TVTX.
Best Diversifiers for TVTX
20 ETFs have low correlation with TVTX (below 0.3), 6 of which are negatively correlated. The least correlated is First Trust Global Tactical Commodity Strategy Fund (FTGC) (Commodities) with a 1Y correlation of -0.10, down from 0.01 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| First Trust Global Tactical Commodity Strategy Fun... | -0.10 | -0.04 | 0.01 | 77 | Commodities | TVTX vs FTGC | |
| iShares Treasury Floating Rate Bond ETF | -0.05 | -0.07 | -0.06 | 100 | Government Bonds, Ultrashort Bond | TVTX vs TFLO | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.05 | -0.07 | -0.06 | 100 | Government Bonds, Ultrashort Bond | TVTX vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | -0.02 | 0.01 | -0.01 | 100 | Government Bonds, Ultrashort Bond | TVTX vs SHV | |
| VanEck Oil Refiners ETF | -0.01 | 0.13 | 0.15 | 93 | Energy Equities | TVTX vs CRAK |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TVTX, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TVTX and solid risk/return profiles. The least correlated is Chevron Corporation (CVX) (Energy) with a 1Y correlation of -0.11, down from 0.04 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Chevron Corporation | -0.11 | 0.00 | 0.04 | 74 | Energy | |
| TotalEnergies SE | -0.05 | -0.00 | -0.02 | 79 | Energy | |
| The Coca-Cola Company | -0.01 | 0.05 | 0.09 | 84 | Consumer Defensive | |
| Vista Oil & Gas, S.A.B. de C.V. | -0.00 | 0.08 | 0.08 | 70 | Energy | |
| Cisco Systems, Inc. | 0.01 | 0.15 | 0.19 | 91 | Technology |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TVTX
Add TVTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TVTX