Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

12 Stocks and 88 ETFs for diversifying Texas Pacific Land (TPL)

The least correlated asset to Texas Pacific Land (TPL) is ETF MSFW (ROUNDHILL MSFT WEEKLYPAY ETF). The correlation is -0.7387.

Stocks that lowly correlated with TPL

Symbol	Name	Market cap	Sector	Industry	Correlation
THH	TryHard Holdings Ltd	$12M	Industrials	Specialty Business Services	-0.66
NMPAU	NMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$35M	Financial Services	Shell Companies	-0.65
DMAAR	Drugs Made In America Acquisition Corp	$1.29M	N/A	N/A	-0.62
CAI	Caris Life Sciences Inc - Class A	$4.94B	Healthcare	Biotechnology	-0.61
MTAC	MedTech Acquisition Corp - Class A	$183M	N/A	N/A	-0.61
RDAC	Rising Dragon Acquisition Corp	$24M	Financial Services	Shell Companies	-0.59
PFSA	Profusa Inc	$577K	Healthcare	Medical Devices	-0.57
MSGY	Masonglory Ltd	$5.30M	Industrials	Engineering & Construction	-0.57
HERZ	Herzfeld Credit Income Fund Inc Com	$230M	Financial Services	Asset Management	-0.57
HTFL	Heartflow Inc	$2.35B	Healthcare	Health Information Services	-0.56
DVS	Dolly Varden Silver Corporation	$258M	Basic Materials	Silver	-0.55
CICB	CION Investment Corporation 7.50 Notes due 2029	$1.26B	N/A	N/A	-0.52

ETFs that lowly correlated with TPL

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
MSFW	ROUNDHILL MSFT WEEKLYPAY ETF	$27M	N/A	Jul 23, 2025	-0.74
LCOW	PACER S&P 500 QUALITY FCF ARISTOCRATS ETF	$26M	0.49%	May 6, 2025	-0.73
QQHG	Invesco QQQ Hedged Advantage ETF	$13M	0.45%	May 5, 2025	-0.73
CGGG	CAPITAL GROUP U.S. LARGE GROWTH ETF SHARE CLASS	$81M	0.39%	Jun 24, 2025	-0.73
MCOW	PACER S&P MIDCAP 400 QUALITY FCF ARISTOCRATS ETF	$1.10M	0.49%	Aug 27, 2025	-0.72
BASG	BROWN ADVISORY SUSTAINABLE GROWTH ETF	$494M	0.61%	Jun 13, 2025	-0.70
CLCG	Crossmark Large Cap Growth ETF	$29M	0.50%	Jul 22, 2025	-0.70
MPLY	MONOPOLY ETF	$16M	0.79%	May 15, 2025	-0.70
TRUD	VANECK CONSUMER DISCRETIONARY TRUSECTOR ETF	$33M	0.16%	Aug 20, 2025	-0.69
NMAY	Innovator Growth100 Power Buffer ETF May	$64M	0.79%	Apr 30, 2025	-0.67
JHLN	JOHN HANCOCK GLOBAL SENIOR LOAN ETF	$633M	0.59%	Aug 19, 2025	-0.67
HOOY	YIELDMAX(R) HOOD OPTION INCOME STRATEGY ETF	$133M	0.99%	May 7, 2025	-0.66
LDRX	SGI ENHANCED MARKET LEADERS ETF	$242M	0.59%	May 2, 2025	-0.66
AALG	LEVERAGE SHARES 2X LONG AAL DAILY ETF	$5.30M	N/A	Jul 10, 2025	-0.65
GXPD	GLOBAL X PURECAP MSCI CONSUMER DISCRETIONARY ETF	$48M	0.15%	Jul 22, 2025	-0.65
DDTL	Innovator Equity Dual Directional 10 Buffer ETF July	$58M	0.79%	Jun 30, 2025	-0.65
BLGR	BLUEMONTE LARGE CAP GROWTH ETF	$275M	0.24%	Jun 20, 2025	-0.65
ABIG	ARGENT LARGE CAP ETF	$56M	0.49%	Apr 8, 2025	-0.64
ALRG	ALLSPRING LT LARGE CORE ETF	$7.50M	0.28%	Jul 7, 2025	-0.64
HBDC	Hilton BDC Corporate Bond ETF	$84M	0.39%	Jun 10, 2025	-0.64
XLFI	STATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$5.80M	0.35%	Jul 29, 2025	-0.63
TRUT	VANECK TECHNOLOGY TRUSECTOR ETF	$163M	0.14%	Aug 20, 2025	-0.62
WTID	Bank of Montreal	$18M	N/A	Feb 16, 2023	-0.62
XLYI	STATE STREET(R) CONSUMER DISCRETIONARY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$2.10M	0.35%	Jul 29, 2025	-0.62
BULG	LEVERAGE SHARES 2X LONG BULL DAILY ETF	$5.20M	N/A	Aug 8, 2025	-0.62
MYCG	SPDR SSGA My2027 Corporate Bond ETF	$34M	0.15%	Sep 23, 2024	-0.62
XDIV	ROUNDHILL S&P 500 NO DIVIDEND TARGET ETF	$60M	0.08%	Jul 9, 2025	-0.61
BLUC	BLUEMONTE LARGE CAP CORE ETF	$334M	0.23%	Jun 20, 2025	-0.61
AAUS	ALPHA ARCHITECT US EQUITY ETF	$518M	0.15%	Jul 22, 2025	-0.61
RDTL	GRANITESHARES 2X LONG RDDT DAILY ETF	$57M	N/A	Mar 24, 2025	-0.61
GXPT	GLOBAL X PURECAP MSCI INFORMATION TECHNOLOGY ETF	$121M	0.15%	Jul 22, 2025	-0.61
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.61
MAYM	FT VEST U.S. EQUITY MAX BUFFER ETF - MAY	$38M	0.85%	May 16, 2025	-0.61
DDFL	Innovator Equity Dual Directional 15 Buffer ETF July	$70M	0.79%	Jun 30, 2025	-0.61
SPYA	Twin Oak Endure ETF	$132M	0.49%	Jun 2, 2025	-0.60
JHAI	JANUS HENDERSON GLOBAL ARTIFICIAL INTELLIGENCE ETF	$27M	0.59%	Aug 19, 2025	-0.60
LABX	TRADR 2X LONG ALAB DAILY ETF	$136M	N/A	Aug 11, 2025	-0.60
OILD	Bank of Montreal	$53M	N/A	Nov 8, 2021	-0.60
DVXY	WEBs Defined Volatility XLY ETF	$230K	0.89%	Jul 22, 2025	-0.60
KMAY	Innovator U.S. Small Cap Power Buffer ETF May	$55M	0.79%	Apr 30, 2025	-0.59
ESUM	Eventide US Market ETF	$178M	0.39%	Dec 17, 2024	-0.59
UNHG	LEVERAGE SHARES 2X LONG UNH DAILY ETF	$121M	N/A	Jul 21, 2025	-0.59
UXJL	FT Vest U.S. Equity Uncapped Accelerator ETF July	$5.50M	0.85%	Jul 17, 2025	-0.59
XLKI	STATE STREET(R) TECHNOLOGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$11M	0.35%	Jul 29, 2025	-0.59
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.58
YNOT	HORIZON DIGITAL FRONTIER ETF	$123M	0.75%	Jul 9, 2025	-0.58
PMJL	PGIM S&P 500 MAX BUFFER ETF - JULY	$2.90M	0.50%	Jun 30, 2025	-0.58
MYCH	SPDR SSGA MY2028 CORPORATE BOND ETF	$636M	0.15%	Sep 23, 2024	-0.57
NVII	REX NVDA GROWTH & INCOME ETF	$104M	N/A	May 27, 2025	-0.57
TGLB	T. ROWE PRICE GLOBAL EQUITY ETF	$23M	0.46%	Jun 25, 2025	-0.57
UPSX	TRADR 2X LONG UPST DAILY ETF	$33M	N/A	Jun 9, 2025	-0.57
PMMY	PGIM S&P 500 MAX BUFFER ETF - MAY	$5.40M	0.50%	Apr 30, 2025	-0.57
ZMAY	Innovator Equity Defined Protection ETF 1 Yr May	$98M	0.79%	Apr 30, 2025	-0.57
PMAU	PGIM S&P 500 MAX BUFFER ETF - AUGUST	$3.50M	0.50%	Jul 31, 2025	-0.57
DVXF	WEBs Defined Volatility XLF ETF	$251K	0.89%	Jul 22, 2025	-0.57
ASCE	ALLSPRING SMID CORE ETF	$118M	0.38%	Jul 7, 2025	-0.57
BUFX	FT Vest Laddered Enhance & Moderate Buffer ETF	$14M	0.96%	Jun 24, 2025	-0.57
CBOA	Calamos Bitcoin Structured Alt Protection ETF April	$4.80M	0.69%	Apr 4, 2025	-0.57
CAIE	CALAMOS AUTOCALLABLE INCOME ETF	$1.10B	0.74%	Jun 24, 2025	-0.56
UXAP	FT VEST U.S. EQUITY UNCAPPED ACCELERATOR ETF - APRIL	$8.60M	0.85%	Apr 16, 2025	-0.56
THMZ	LAZARD EQUITY MEGATRENDS ETF	$54M	0.50%	Apr 4, 2025	-0.56
QGRD	HORIZON NASDAQ-100 DEFINED RISK ETF	$106M	0.85%	Jul 9, 2025	-0.56
MYCF	SPDR SSGA MY2026 CORPORATE BOND ETF	$48M	0.15%	Sep 23, 2024	-0.56
HOOW	ROUNDHILL HOOD WEEKLYPAY ETF	$146M	N/A	Jun 17, 2025	-0.55
AAAA	AMPLIUS AGGRESSIVE ASSET ALLOCATION ETF	$293M	0.49%	Jul 15, 2025	-0.55
STRN	SMART TREND 25 ETF	$22M	0.59%	Aug 19, 2025	-0.55
AVGU	T-REX 2X LONG AVGO DAILY TARGET ETF	$36M	N/A	Jul 14, 2025	-0.55
SLNZ	TCW Senior Loan ETF	$222M	0.65%	Jun 28, 2013	-0.55
SFTY	HORIZON MANAGED RISK ETF	$495M	0.77%	Jun 25, 2025	-0.55
DAK	DAKOTA ACTIVE EQUITY ETF	$42M	0.43%	Jul 29, 2025	-0.55
TFNS	T. ROWE PRICE FINANCIALS ETF	$14M	0.44%	Jun 11, 2025	-0.54
ACVT	ADVENT CONVERTIBLE BOND ETF	$32M	0.65%	Apr 29, 2025	-0.54
RGLO	RUSSELL INVESTMENTS GLOBAL EQUITY ETF	$337M	0.49%	May 29, 2025	-0.54
TEC	HARBOR TRANSFORMATIVE TECHNOLOGIES ETF	$6.70M	0.69%	Apr 16, 2025	-0.54
DKNX	DEFIANCE DAILY TARGET 2X LONG DKNG ETF	$5.40M	N/A	Jul 30, 2025	-0.54
MTRA	INVESCO INTERNATIONAL GROWTH FOCUS ETF	$148M	0.54%	Jun 11, 2025	-0.53
AVGW	ROUNDHILL AVGO WEEKLYPAY ETF	$45M	N/A	Jul 23, 2025	-0.53
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$895M	N/A	Nov 24, 2008	-0.53
QBSF	ALLIANZIM U.S. EQUITY BUFFER15 ETF	$36M	0.64%	Jun 30, 2025	-0.53
MYCJ	SPDR SSGA My2030 Corporate Bond ETF	$43M	0.15%	Sep 23, 2024	-0.53
MYCI	SPDR SSGA MY2029 CORPORATE BOND ETF	$35M	0.15%	Sep 23, 2024	-0.53
STOX	HORIZON CORE EQUITY ETF	$156M	0.70%	Jun 25, 2025	-0.52
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$49M	N/A	Nov 6, 2008	-0.52
AEMS	Anfield Enhanced Market ETF	N/A	1.21%	Jun 30, 2025	-0.52
BFAP	FT VEST BITCOIN STRATEGY FLOOR15 ETF - APRIL	$2.10M	0.90%	Apr 3, 2025	-0.52
RW	RAINWATER EQUITY ETF	$18M	1.27%	Jun 17, 2025	-0.52
FLAG	GLOBAL X S&P 500 U.S. MARKET LEADERS TOP 50 ETF	$1.60M	0.29%	Apr 15, 2025	-0.52
DVXK	WEBs Defined Volatility XLK ETF	$8M	0.89%	Jul 22, 2025	-0.51