Looking to balance out your exposure to TXN? The ETFs below have the lowest correlation with TXN — they tend to move on their own, which can help reduce risk when TXN drops. The stock ideas table highlights individual companies that behave independently from TXN.
Best Diversifiers for TXN
66 ETFs have low correlation with TXN (below 0.3), 7 of which are negatively correlated. The least correlated is United States Oil Fund LP (USO) (Oil & Gas) with a 1Y correlation of -0.13, down from 0.06 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| United States Oil Fund LP | -0.13 | -0.02 | 0.06 | 66 | Oil & Gas | TXN vs USO | |
| ProShares Ultra Bloomberg Crude Oil | -0.12 | 0.00 | 0.08 | 54 | Leveraged Commodities | TXN vs UCO | |
| iShares 0-3 Month Treasury Bond ETF | -0.11 | -0.04 | -0.01 | 100 | Ultrashort Bond | TXN vs SGOV | |
| WisdomTree Floating Rate Treasury Fund | -0.07 | -0.04 | -0.04 | 100 | Government Bonds, Ultrashort Bond | TXN vs USFR | |
| Invesco DB Commodity Index Tracking Fund | -0.05 | 0.07 | 0.13 | 76 | Commodities | TXN vs DBC |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TXN, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TXN and solid risk/return profiles. The least correlated is CF Industries Holdings, Inc. (CF) (Basic Materials) with a 1Y correlation of -0.07, down from 0.13 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| CF Industries Holdings, Inc. | -0.07 | 0.06 | 0.13 | 63 | Basic Materials | |
| Altria Group, Inc. | -0.06 | 0.03 | 0.10 | 73 | Consumer Defensive | |
| AppLovin Corporation | -0.04 | 0.18 | 0.29 | 57 | Technology | |
| Equinor ASA | -0.03 | 0.06 | 0.12 | 83 | Energy | |
| Chubb Limited | -0.02 | 0.05 | 0.16 | 57 | Financial Services |
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