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
1537 ETFs have low correlation with TAIL (below 0.3), 1356 of which are negatively correlated. The least correlated is FT Vest Laddered Buffer ETF (BUFR) (Defined Outcome) with a 1Y correlation of -0.69, roughly unchanged from -0.66 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| FT Vest Laddered Buffer ETF | -0.69 | -0.59 | -0.66 | 86 | Defined Outcome | TAIL vs BUFR | |
| Innovator U.S. Equity Buffer ETF - June | -0.69 | -0.58 | -0.67 | 69 | Defined Outcome | TAIL vs BJUN | |
| AllianzIM U.S. Large Cap Buffer10 Jun ETF | -0.69 | -0.59 | — | 74 | Options Trading | TAIL vs JUNT | |
| MRBL Enhanced Equity ETF | -0.68 | — | — | 83 | Derivative Income | TAIL vs EDGE | |
| FT Cboe Vest U.S. Equity Moderate Buffer ETF - Nov... | -0.68 | — | — | 90 | Options Trading | TAIL vs GNOV |
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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 -0.52, roughly unchanged from -0.51 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.52 | -0.46 | -0.51 | 65 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.44 | -0.44 | -0.47 | 92 | Technology | |
| Eaton Corporation plc | -0.44 | -0.47 | -0.52 | 57 | Industrials | |
| Amazon.com, Inc | -0.41 | -0.41 | -0.48 | 54 | Consumer Cyclical | |
| Alphabet Inc. Class A | -0.39 | -0.37 | -0.48 | 96 | Communication Services |
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