Looking to diversify beyond TYD? The ETFs below have the lowest correlation with TYD — 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 TYD.
Best Diversifiers for TYD
1071 ETFs have low correlation with TYD (below 0.3), 83 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.47, roughly unchanged from -0.52 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.47 | -0.48 | -0.52 | 72 | Leveraged Currency | TYD vs YCS | |
| Invesco DB US Dollar Index Bullish Fund | -0.44 | -0.40 | -0.34 | 51 | Currency | TYD vs UUP | |
| United States Gasoline Fund LP | -0.41 | -0.22 | -0.16 | 78 | Oil & Gas | TYD vs UGA | |
| Invesco DB Energy Fund | -0.41 | -0.24 | -0.18 | 53 | Oil & Gas | TYD vs DBE | |
| Fidelity Managed Futures ETF | -0.37 | — | — | 71 | Systematic Trend | TYD vs FFUT |
See all 1550 diversifiers for TYD
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