Looking to diversify beyond TAIL? The ETFs below have the lowest correlation with TAIL — 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 TAIL.
Best Diversifiers for TAIL
1558 ETFs have low correlation with TAIL (below 0.3), 1394 of which are negatively correlated. The least correlated is AllianzIM U.S. Large Cap Buffer10 Jun ETF (JUNT) (Options Trading) with a 1Y correlation of -0.67, roughly unchanged from -0.58 over 3 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| AllianzIM U.S. Large Cap Buffer10 Jun ETF | -0.67 | -0.58 | — | 75 | Options Trading | TAIL vs JUNT | |
| Innovator U.S. Equity Buffer ETF - June | -0.67 | -0.58 | -0.67 | 71 | Defined Outcome | TAIL vs BJUN | |
| MRBL Enhanced Equity ETF | -0.67 | — | — | 77 | Derivative Income | TAIL vs EDGE | |
| FT Vest Laddered Buffer ETF | -0.67 | -0.58 | -0.66 | 86 | Defined Outcome | TAIL vs BUFR | |
| JPMorgan Nasdaq Equity Premium Income ETF | -0.66 | -0.59 | — | 75 | Nasdaq-100, Derivative Income | TAIL vs JEPQ |
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Low-Correlation Stock Ideas
If you're looking for individual stocks that move independently from TAIL, these are worth exploring. The table shows U.S. companies ($1B+ market cap) with low correlation to TAIL and solid risk/return profiles. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.51, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.51 | -0.45 | -0.51 | 76 | Technology | |
| Eaton Corporation plc | -0.43 | -0.46 | -0.52 | 69 | Industrials | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.43 | -0.43 | -0.46 | 95 | Technology | |
| Amazon.com, Inc | -0.40 | -0.40 | -0.47 | 52 | Consumer Cyclical | |
| Alphabet Inc. Class A | -0.35 | -0.34 | -0.44 | 96 | Communication Services |
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