Looking to diversify beyond TAIL? The ETFs below have historically moved differently from TAIL, 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 TAIL
1717 ETFs have low correlation with TAIL (below 0.3), 1539 of which are negatively correlated. The least correlated is FT Vest Laddered Buffer ETF (BUFR) (Defined Outcome) with a 1Y correlation of -0.71, roughly unchanged from -0.66 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FT Vest Laddered Buffer ETF | -0.71 | -0.61 | -0.66 | 87 | Defined Outcome | TAIL vs BUFR | |
| FT Cboe Vest U.S. Equity Moderate Buffer ETF - Nov... | -0.71 | — | — | 91 | Options Trading | TAIL vs GNOV | |
| AllianzIM U.S. Large Cap Buffer10 Jun ETF | -0.70 | -0.60 | — | 68 | Options Trading | TAIL vs JUNT | |
| Innovator U.S. Equity Buffer ETF - June | -0.70 | -0.60 | -0.66 | 65 | Defined Outcome | TAIL vs BJUN | |
| MRBL Enhanced Equity ETF | -0.69 | — | — | 79 | Derivative Income | TAIL vs EDGE |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for TAIL, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.49, roughly unchanged from -0.47 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.49 | -0.44 | -0.47 | 56 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.44 | -0.45 | -0.47 | 87 | Technology | |
| Eaton Corporation plc | -0.42 | -0.47 | -0.51 | 53 | Industrials | |
| Amazon.com, Inc | -0.41 | -0.42 | -0.48 | 60 | Consumer Cyclical | |
| Alphabet Inc. Class A | -0.40 | -0.38 | -0.47 | 95 | Communication Services |
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