Looking to diversify beyond TXS? The ETFs below have historically moved differently from TXS, 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 TXS
189 ETFs have low correlation with TXS (below 0.3), 15 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.43, roughly unchanged from -0.35 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.43 | -0.35 | — | 51 | Cryptocurrency | TXS vs BITI | |
| Invesco DB Energy Fund | -0.10 | 0.08 | — | 66 | Oil & Gas | TXS vs DBE | |
| iShares Enhanced Short-Term Bond Active ETF | -0.06 | — | — | 98 | Ultrashort Bond | TXS vs CSHP | |
| TCW AAA CLO ETF | -0.06 | 0.07 | 0.07 | 99 | CLO | TXS vs ACLO | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.06 | -0.02 | -0.02 | 100 | Ultrashort Bond | TXS vs BILZ |
To view more results, upgrade your current subscription plan.
Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TXS, 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 Texas Instruments Incorporated (TXN) (Technology) with a 1Y correlation of 0.39, down from 0.51 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| Texas Instruments Incorporated | 0.39 | 0.51 | — | 80 | Technology |
Build a portfolio that complements TXS
Add TXS to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TXS