Looking to diversify beyond TYA? The ETFs below have the lowest correlation with TYA — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from TYA.
Best Diversifiers for TYA
1112 ETFs have low correlation with TYA (below 0.3), 85 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.46, roughly unchanged from -0.48 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.46 | -0.48 | — | 73 | Leveraged Currency | TYA vs YCS | |
| Invesco DB Energy Fund | -0.40 | -0.25 | — | 57 | Oil & Gas | TYA vs DBE | |
| United States Gasoline Fund LP | -0.39 | -0.23 | — | 84 | Oil & Gas | TYA vs UGA | |
| Fidelity Managed Futures ETF | -0.39 | — | — | 81 | Systematic Trend | TYA vs FFUT | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.35 | -0.21 | — | 52 | Commodities | TYA vs COMT |
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