Looking to diversify beyond TYLD? The ETFs below have the lowest correlation with TYLD — 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 TYLD.
Best Diversifiers for TYLD
1164 ETFs have low correlation with TYLD (below 0.3), 723 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | -0.17 | — | — | 81 | High Yield Bonds | TYLD vs HYZD | |
| iShares BBB-B CLO Active ETF | -0.16 | — | — | 85 | CLO | TYLD vs BCLO | |
| WisdomTree Emerging Markets Corporate Bond Fund | -0.13 | -0.01 | -0.01 | 51 | Emerging Markets Bonds | TYLD vs EMCB | |
| Simplify Currency Strategy ETF | -0.12 | — | — | 70 | Leveraged Currency | TYLD vs FOXY | |
| Franklin Liberty Systematic Style Premia ETF | -0.12 | — | — | 53 | Long-Short | TYLD vs FLSP |
See all 1164 diversifiers for TYLD
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Diversification Analysis
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