Looking to diversify beyond TYLG? The ETFs below have historically moved differently from TYLG, 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 TYLG
288 ETFs have low correlation with TYLG (below 0.3), 59 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.46, down from -0.33 over 3 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.46 | -0.33 | — | 51 | Cryptocurrency | TYLG vs BITI | |
| iShares Core High Dividend ETF | -0.25 | 0.02 | — | 91 | Dividend, Large Cap Value Equities | TYLG vs HDV | |
| iShares U.S. Insurance ETF | -0.24 | 0.03 | — | 54 | Financials Equities | TYLG vs IAK | |
| First Trust Morningstar Dividend Leaders Index Fun... | -0.24 | 0.07 | — | 92 | Large Cap Value Equities, Dividend | TYLG vs FDL | |
| YieldMax XOM Option Income Strategy ETF | -0.21 | — | — | 52 | Derivative Income, Dividend | TYLG vs XOMO |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements TYLG
Add TYLG to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with TYLG