Looking to balance out your exposure to TXG? The ETFs below have historically moved differently from TXG, 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 TXG
0 ETFs have low correlation with TXG (below 0.3), 0 of which are negatively correlated. The least correlated is Virtus LifeSci Biotech Products ETF (BBP) (Health & Biotech Equities) with a 1Y correlation of 0.38, down from 0.51 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Virtus LifeSci Biotech Products ETF | 0.38 | 0.45 | 0.51 | 88 | Health & Biotech Equities | TXG vs BBP | |
| State Street SPDR S&P 500 ETF | 0.43 | 0.44 | 0.49 | 78 | S&P 500 | TXG vs SPY | |
| Vanguard S&P 500 ETF | 0.45 | 0.45 | 0.49 | 78 | S&P 500 | TXG vs VOO |
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TXG, 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 Sabra Health Care REIT, Inc. (SBRA) (Real Estate) with a 1Y correlation of -0.06, down from 0.18 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Sabra Health Care REIT, Inc. | -0.06 | 0.08 | 0.18 | 69 | Real Estate | |
| Welltower Inc. | -0.02 | 0.10 | 0.18 | 88 | Real Estate | |
| Eton Pharmaceuticals Inc | 0.07 | 0.14 | 0.19 | 96 | Healthcare | |
| Okeanis Eco Tankers Corp | 0.12 | — | — | 98 | Industrials | |
| Apple Inc | 0.14 | 0.22 | 0.34 | 90 | Technology |
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